5509 Palm Street
St Louis, MO 63120
- – beds
- – baths
- – sqft
- 5,101 sqft lot
- 1924 build
- – on site
**Incredible Investment Opportunity in St. Louis!** This 4-family building features an impressive cap rate and is perfect for savvy investors. Entire building has been updated to include new electric, new plumbing, new roof, plus tuckpointing. Three of the four units have been recently updated with modern finishes, ensuring strong rental appeal and immediate cash flow. One unit awaits your personal touch, providing a chance to increase value and rental income. Located in a desirable neighborhood with easy access to transportation, shopping, and dining, this property promises high demand from renters. Don’t miss out on this fantastic investment opportunity—schedule your showing today
Listing courtesy of MARIS / Berkshire Hathaway Select
Last checked:
Checking…
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Last updated Nov 21, 2024
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MLS# 24071881 —
The Building
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Year Built:1924
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Construction Materials:Brick
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Above Grade Finished Area:3360
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Above Grade Finished Area Source:Public Records
Financial & Terms
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Price Per SqFt:55.06
Location
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Directions:Natural Bridge just east of Goodfellow to right on Clara to left on Palm property down on left side of street.
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Latitude:38.681193
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Longitude:-90.264621
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Cross Street:Mars Place Adl
The Property
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Parcel Number:5930-00-0120-0
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Property Type:Residential Income
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Property Subtype:Multi-Family 2-4
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Lot Size Acres:0.1171
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Lot Size Dimensions:63x81
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Lot Size SqFt:5101
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Lot Size Source:County Records
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Water Source:Public
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Driveway:None
Listing Agent
- Contact info:
- Agent phone:
- (314) 838-8661
- Office phone:
- (314) 838-8661
Taxes
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Tax Year:2023
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Tax Annual Amount:205
The Listing
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Disclosures:Unknown, City, Occupancy Perm Req
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Special Listing Conditions:None
Heating & Cooling
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Cooling:Wall/Window Unit(s)
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Heating:Forced Air
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Heating:true
Utilities
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Sewer:Public Sewer
Appliances
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Appliances:Some Dishwasher(s), Some Disposal(s), Some Insulated Window(s), Some Microwave(s), Some Refrigerator(s), Some Smoke Alarm(s)
Schools
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Elementary School:Cote Brilliante Elem.
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Middle Or Junior School:Langston Middle
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High School:Sumner High
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High School District:St. Louis City
The Community
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Subdivision Name:Mars Place Add
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Neighborhood:Wells Goodfellow
Parking
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Attached Garage:false
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Parking Features:On Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/18/24
Nov 18, 2024
|
Listed / Active | MARIS | $185,000 | 2746.2% (284.0% / YR) |
3/20/15
Mar 20, 2015
|
MARIS | $6,500 |