EXTREMELY RARE - Massive, fully occupied gut renovated 12 family blocks from Washington University. Tenants/Owners can walk to Campus, Forest Park, the Loop, the CWE and tons of retail. The Building is half one's and half two's featuring: refinished hardwood floors, large new windows, new lateral/plumbing, electric, kitchens/baths, forced heat, central air, and W/D in unit. A brand new 20+ year-warranty roof was installed a couple months ago, along with brand new steel porches/fire escape. There is gated off street parking, and storage available in the basement. The units are rented to Wash U students but have not seen rent increases in years. There is tons of upside on this one; property runs in place btw 6.5-7% cap and can easily be north of a 10% cap with little effort - you wont find this deal in a 63112 zip code. Add some personal touches, or just cash your rent checks – this property provides perfect value for someone looking to live & invest in a Class A neighborhood.
Lot & Building Features
Assoc Fee Paid:None
Construction:Brick/Stone Msn Pred
Cooling:Ceiling Fan, Central-Electric
Parking Description:Other, Parking Lot
Lot Dimensions:75*125 ft
Community and Schools
Elementary School:Adams Elem.
Junior High School:Blewett Middle
Senior High School:Beaumont Cte High School
Price History of 5855 Washington, St Louis, MO
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6149 Mid Rivers Mall Drive St. Charles, MO 63304 636-720-1100
Listed by St. Louis Apartment Experts, Sid Chakraverty & George Chisolm
Est. Monthly Payment
Principal & Interest
5855 Washington (MLS #20000254) is a multi-family listing located in St Louis, MO.
This multi-family listing is 12,000 sqft and on a lot of 9,365 sqft (or 0.21 acres) and is 105 years old. This property was listed on 01/07/2020 and has been priced for sale at $1,195,000.