5069 Vernon Avenue, St Louis, MO, 63113 | For Sale

Listing Price:   $160,000
MLS#:   22039366
Tax Year:   2021
Age:   122
Gross Income:   $39,600
Net Income:   $34,913
Subdv/Cmplx:   St Louis
Type:   Multi-Family 2-4
Taxes Paid:   $474
Square Footage:   6200
Type of Units:   4-Family
Total Expenses:   $4,687
Acres:   0.174
Offered By: Michael Abernathy of MORE, REALTORS 314-414-6000
Remarks: LOOKING FOR BACK-UP OFFER. Fantastic Multi-Family opportunity to take advantage of located just 1-mile from Forest Park. This 19th Century all brick & stone building is nestled along a tree-lined street featuring large Historical Homes & other Multi-Families. Your tenants will love Good Journey's Youth Community Garden next door & how close it is to major transportation hubs. Each unit boasts over 1,500sqft of living space that you just don't find in many rentals at this price point. There are 2- 3bed/2bath units on the lower level & 2- 3bed/1bath units w/ balconies on the upper level. Each have updated windows, gleaming hardwood floors, tall ceilings, eat-in kitchens, & spacious rooms. There is updated plumbing, electric, some A/C units & furnace, plus hot water heater. This property needs to be brought back to life but is in reach of its full Positive Cash Flow potential. It's perfect for the savvy investor looking to live in one of the units while capitalizing on the others.

Directions: See MAP

Misc.: Balcony,Basement,Deck,Fencing,Storage Room Avail

Parking Desc: On Street Parking

Lot Dimensions: 55X137

Fixed Expenses: Insurance,Sewer,Taxes,Trash Removal,Water

Subdv/Cmplx: St Louis

Education: St. Louis City School District | Sumner High High School | Yeatman-Liddell Middle School Middle School | Ford-Ford Br. Elem. Comm. Ed. Elementary |

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