Active
  • Listing Provided by: 

    Brian R Take 314-593-0300,

    EXP Realty, LLC

    $499,000

    6225 Gravois Ave, Saint Louis, MO 63116

    2beds
    3baths
    7,876sqft
    : 
    Multi Family
    Built in 1913
    -- sqft lot
    $487,000 Zestimate®
    $63/sqft
    $-- HOA

    What's special

    Granite countersUpdated bathroomsAll-brick constructionIndividual utility meteringSoft-close maple cabinets
    EXCEPTIONAL CASH FLOW OPPORTUNITY - 6227 Gravois Avenue Fully-stabilized 6-unit mixed-use investment delivering PROVEN performance: $52,380 annual NOI with an exceptional 74.5% margin. Thats REAL trailing 12-month data, not projections. RETURNS: 10.49% Cap Rate | 18% Cash-on-Cash with financing OCCUPANCY: 100% - All units leased with stable tenants INCOME MIX: 3 commercial ($3,010/mo) + 3 residential ($2,975/mo) + storage ($200/mo) BUILDING FEATURES: All-brick construction | Forced heat/central air throughout | Granite counters | Soft-close maple cabinets | Updated bathrooms | Individual utility metering LOCATION: High-traffic Gravois corridor (15,000+ daily vehicles) | Minutes to I-55/I-44 | 10-15 min to downtown VALUE-ADD UPSIDE: Rents $100-200/month below market | Zero immediate CapEx needed | Professional management in place IDEAL FOR: Value investors seeking immediate cash flow | 1031 exchange | Portfolio expansion Turnkey operation - own from day one with zero rehab required.
    9 days
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