7384 Pershing AVE Active

St Louis,MO 63130

$ 695000

- Bed

0 Bath

6496 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 6,496 sqft

Price per Sqft $106

Subdivision University Hills 2

MLS Listing ID 24063648

Year Built 1930

Building Age 94

Lot Size 0.292 Acres

Property Description

Five unit building that includes three apartments and two office/retail units on the ground floor. Property includes 10 off-street parking spaces and laundry/storage in basement. Suite 7386 (commercial) and 7384A (apartment) are currently vacant. Great investment opportunity or owner/user opportunity.

? The property is located in University City, between the Delmar Loop and Clayton, one of the highest growth submarkets in the St. Louis MSA
? Long-term ownership providing opportunity for value-add through building and unit
upgrades to increase revenue
? Phenomenal area demographics: Avg HH Income: $196,117; Avg. Home Value: $681,325 (1 mile)
? High-barrier to entry submarket
? Premier location with great thoroughfare and surrounding amenities

Location

State MO

County St Louis

Area Central West

Interior

Heating Forced Air

Cooling Electric

Laundry Common Laundry

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Flynn Park Elem.

Middle Schools Brittany Woods

High Schools University City Sr. High

School District University City

Others

Acceptable Financing Cash Only,Conventional

Listing Terms Cash Only,Conventional

Special Listing Condition None

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