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5949 Washington Boulevard

St Louis, MO 63112
8,692 sqft
$895,000
Photo of 5949 Washington Boulevard St Louis MO 63112

Details

Excellent investment opportunity, updated 6-family just across the street from all the exciting new developments, restaurants, boutiques & galleries on the Delmar DivINe PLUS walking distance to the Danforth Campus at Washington University or a short Metro Link ride to the BJC Med Complex. Rare opportunity to ALSO purchase the additional West adjoining lot (5951 Washington Blvd., MLS# 24048680) to combine properties to potentially develop a new construction apartment or condominium complex in this sought-after neighborhood. Build your dream development in this prime location with exponential growth opportunities. 5951 Washington Blvd. (Lot) will only be sold with the building or after the building has sold. Flexible floor plans for roommates. Potential Gross Operating Income of $68,400 annually.

Specs

Type Multi-Family
Square Footage 8,692 sqft
Lot Size 0.14 acres
Year Built 1912
Assoc Fee Paid None
Taxes Paid $696

Lots & Building Features

Assoc Fee Paid None
Construction Brick
Cooling Electric
Heat Source Electric
Heating Forced Air
Parking Description On Street, Unassigned, Parking Lot
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 50 x 125 ft

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Financing

$
20%
0.077765363128492%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City St Louis
County St Louis City
School District St. Louis City
Subdivision Washington Heights

Schools

Elementary School Hamilton Elem. Community Ed.
Junior High School Langston Middle
Senior High School Sumner High
Keith R. Manzer & Cameron Marino, Gladys Manion, Inc.