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Listed by: Garcia Properties • Courtney Weng • Contact: 314-884-1132

Bought with: Landmark Realty

Price Unknown

5133 Cates Ave, Saint Louis, MO 63113

7beds

2baths

3,464sqft

Multi Family

Built in 1902

-- sqft lot

$248,300 Zestimate^®

$--/sqft

$1,053 Estimated rent

Home value

$248,300

$211,000 - $283,000

$1,053/mo

Zestimate^® history

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What's special

This 3,400+ square foot 2-family has an amazing track record - proving itself to generate $36k in annual income! And, yes. I'm serious. The 1st floor Unit was just vacated at the end of February. Seller is currently showing for a new tenant for this unit, so hurry if you want the building empty! The second floor unit has an EXTRA (bed/room/office) above the stairs and is currently vacant for ease of showing - both were previously rented for $1500/month and, don't worry - both are already cleaned up and ready for you or your next tenant to move right in! Both units have been totally upgraded with flooring, paint, and tile - but it doesn't stop at "pretty" upgrades - the panels & HVACS have been recently updated also - so you don't even have to lift a finger to get that 10%(ish) cap rate flowing right into your pocket! I know you're ready to cash flow - and so is this place. ;)

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 2

Heating

Forced Air, Natural Gas

Cooling

Ceiling Fan(s), Central Air, Electric, Multi Units, Zoned

Appliances

Included: Gas Water Heater

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 3,464
Total interior livable area: 3,464 sqft
Finished area above ground: 3,464

Property

Parking

Parking features: Off Street

Features

Fencing: Fenced,Partial

Lot

Size: 5,445 Square Feet
Dimensions: 35 x 155

Details

Parcel number: 48410003700
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Multi Family

Materials

Brick

Condition

Year built: 1902

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Cabanne Add

Location

Region: Saint Louis

Financial & listing details

Annual tax amount: $240
Date on market: 11/16/2023
Cumulative days on market: 89 days
Listing terms: Cash,Conventional,FHA,VA Loan
Ownership: Private
Tenant pays: Cable TV, Electricity, Gas
Road surface type: Dirt

Price history

Date	Event	Price
4/19/2024	Sold	--
Source: MARIS #23068406 Report a problem
3/22/2024	Pending sale	$275,000$79/sqft
Source: MARIS #23068406 Report a problem
2/23/2024	Listed for sale	$275,000$79/sqft
Source: MARIS #23068406 Report a problem
2/13/2024	Pending sale	$275,000$79/sqft
Source: MARIS #23068406 Report a problem
2/4/2024	Price change	$275,000-8.3%$79/sqft
Source: MARIS #23068406 Report a problem
1/6/2024	Pending sale	$300,000$87/sqft
Source: MARIS #23068406 Report a problem
11/16/2023	Listed for sale	$300,000$87/sqft
Source: MARIS #23068406 Report a problem