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.
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
Est.:
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
- 9 days |
- 136 |
- 12 |
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