5120 Goethe, St. Louis, MO 63109
$500,000 (Listed Sold)

Renovated Princeton Heights 4-Family

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Invest in St. Louis

This Princeton Heights four-family has been renovated throughout and meticulously maintained. These apartments which are approximately 935 square feet feature renovated kitchens including updated cabinets, stainless steel appliances, breakfast bar. Bathrooms were renovated with new flooring, tiled shower surround with rain shower heads and updated vanities. Building has a detached garage and back porches for all units, hardwood floors, French doors, central air with updated furnaces and condensers, pvc stacks, updated electric panels. Building is fully rented for $3,735 a month which is $44,820 annually if fully rented. Annual expenses are $7,844. If fully rented the net annual income would be $36,976 which is a 7.3% cap rate. There was only 1 month of total vacancy for the building in 2020. Can be purchased along with 4947 Arsenal, 4960 and 4940 Odell, 6200 Hoffman.

Supplemental Documents

Property Location

Property Details:
Square Footage: 3,740 County: St. Louis City Units: 1-4 Condition: Turn Key Occupancy: Fully Occupied Parking: Garage, On Street Parking Heating: Electric Heat Cooling: Central Air Construction: Brick Basement: Stone
Home Amenities:
  • Some Dishwashers
  • Microwaves
  • Fridge
  • Stove
  • Hardwood Floors
  • Tile Floors
Agent Details:
Owner / Broker: Jordan Schoen Phone: (314) 255-5117 Fax: (314) 480-7053
Contact Agent: Please use the form below to contact agent Jordan Schoen about this listing.

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