6424 Cates Avenue
St Louis, MO 63130
- – beds
- – baths
- – sqft
- 5,184 sqft lot
- 1925 build
- – on site
More homes
Wonderful opportunity to invest in a turnkey 4-unit apartment building right in the heart of the booming Delmar Loop Offered at an 8.52% Cap Rate return, 6424 Cates Ave boasts $1,295/rents on all four units, fully leased through May 2021! Great updates throughout, almost all PVC plumbing and copper supply, updated electric panels, tile flooring in kitchens, updated bathrooms and kitchens -- no need for any major updates to achieve great cash-flows for years to come. Full Roof Repair undertaken in 2018, new vinyl windows everywhere. These sizeable two-bedroom units have sun rooms often used as third bedrooms. Fenced-in backyard, and four spots of off-street parking. With all the continual development in the Delmar Loop, and nearby Washing University, this neighborhood has performed incredibly for investors for the, and is poised tremendously for future growth. Invest today before it's gone!
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Last updated Mar 31, 2023
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MLS# 20013007 —
The Building
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Year Built:1925
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Above Grade Finished Area:4356
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Above Grade Finished Area Source:Public Records
Financial & Terms
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Price Per SqFt:125.11
Location
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Latitude:38.659802
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Longitude:-90.303729
The Property
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Parcel Number:18H-43-1166
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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:0.119
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Lot Size Dimensions:40 x 132 / 40 x 128
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Lot Size SqFt:5184
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Lot Size Source:County Records
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Water Source:Public
Listing Agent
- Contact info:
- Agent phone:
- (630) 639-7069
- Office phone:
- (630) 639-7069
Taxes
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Tax Year:219
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Tax Annual Amount:5172
The Listing
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Disclosures:Unknown,Limited Seller Discl
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Special Listing Conditions:None
Heating & Cooling
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Cooling:Gas
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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:Dishwasher,Refrigerator,Range
Schools
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Elementary School:Flynn Park Elem.
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Middle Or Junior School:Brittany Woods
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High School:University City Sr. High
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High School District:University City
The Community
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Subdivision Name:North Parkview
Parking
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Attached Garage:false
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Parking Features:Off Street
Extra Units
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Unit 1 Description:Possible Extra Sleep,Sunroom,Walk-through BDRM
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Unit 1 Full Baths:1
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Unit 1 Beds Total:2
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Unit 2 Description:Possible Extra Sleep,Sunroom
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Unit 2 Full Baths:1
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Unit 2 Beds Total:2
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Unit 3 Description:Possible Extra Sleep,Sunroom,Walk-through BDRM
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Unit 3 Beds Total:2
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Unit 3 Full Baths:1
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Unit 4 Description:Possible Extra Sleep,Sunroom,Walk-through BDRM
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Unit 4 Beds Total:2
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Unit 4 Full Baths:1
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).
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 |
|---|---|---|---|---|
|
2/10/22
Feb 10, 2022
|
MARIS | $605,500 | ||
|
2/10/22
Feb 10, 2022
|
MARIS | $605,500 | 5.3% | |
|
1/10/22
Jan 10, 2022
|
MARIS | $574,900 |
