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6609 Clayton Road
Clayton, MO 63117
4,864 sqft
$925,000
Details
Incredibly rare investment opportunity in Clayton! Multifamily properties hardly ever come available in this area, much less ones that have been completely updated. This four-unit, 4,864 SF building underwent a full gut rehab in 2018, with updates to plumbing, electrical, HVAC, roof, windows, and cosmetic features. This is a perfect opportunity for an owner/occupant or a savvy investor seeking a turnkey property in a prime location, right down the street from SSM St. Mary's Hospital, the DeMun Neighborhood, Schnucks, and many other wonderful neighborhood amenities. The property also has an 8 space parking lot behind the building - another very rare feature! In-place rents are below market for the area - currently: $1,580, $1,495, $1,500, & $1,595. Market rents for the area are approximately $1,975/mo for updated two bedroom units.
Specs
Type Multi-Family
Square Footage 4,864 sqft
Lot Size 0.15 acres
Year Built 1930
Assoc Fee Paid None
Taxes Paid $10,046
Lots & Building Features
Appliances Some Dishwasher(s), Washer/Dryer, Some Shower Bath(s), Some Refrigerator(s), Some Range Oven(s), Some Microwave(s)
Assoc Fee Paid None
Construction Brick
Cooling Electric
Heat Source Electric, Gas
Heating Forced Air
Parking Description Off Street
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 50 x 130 ft
Room Details
Misc Description Basement
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Area
City Clayton
County St Louis
School District Clayton
Subdivision De Mun
Schools
Elementary School Ralph M. Captain Elem.
Junior High School Wydown Middle
Senior High School Clayton High
Garen Lafser & Timothy McCarthy, Salient Realty Group, LLC