Good cash flowing 8 unit building. Average rents are $500/mth. There is an identical building next door where rents were advertised at $600/mth. Seller has done several repairs/updates including, but not limited to a new roof, new doors, some updated plumbing and electric, some water heaters, painting, flooring, windows, and more. We should be around a 10% CAP rate at current rents. It'll be higher when you raise them. Building is in decent shape, but could use some touchups here and there.
Only showing one vacant unit now. You can see the rest with an accepted/contingent offer. DO NOT DISTUB THE TENANTS.
Be sure to check out our VIDEO walk through.
Virtual Tours for 5706 Thekla Avenue St Louis, MO
Lot & Building Features
Parking Description:Parking Lot, Unassigned
Lot Dimensions:50x138 ft
Community and Schools
Elementary School:Walbridge Elem. Community Ed.
Junior High School:Yeatman-Liddell Middle School
Senior High School:Vashon High
Price History of 5706 Thekla Avenue, St Louis, MO
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Listed by Welcome Home Realty Group, LLC, John Skaggs
Principal & Interest
Monthly Home Ins.
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Listing information courtesy of: Welcome Home Realty Group, LLC
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