Multi-Family for Sale: 5133 Cates Avenue, St Louis, MO 63108 SOLD
3,464 sqft
$255,000
$255,000
5133 Cates Avenue,
St Louis, MO 63108 SOLD
3,464 sqft
$255,000
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Selling Price: $255,000
Original List Price: $300,000
Sold at 85.0% of list price
Sold Date: 04/19/2024
Type Multi-Family
Total Living Area 3,464 sqft
Lot Size 0.12 acres
Year Built 1902
Taxes Paid $240
City St Louis
Area Central West
County St Louis City
Subdivision Cabanne Add
MLS 23068406
Status Closed
DOM 89 days
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. ;)
Room Features
Misc Description Basement, Fencing, Partial Fencing, Storage Room Avail
Lot & Building Features
Appliances Some Dishwasher(s), Some Window Treatment(s), Some Storm Door(s), Some Smoke Alarm(s), Some Shower Bath(s), Some Refrigerator(s), Some Range Oven(s), Some Insulated Window(s), Some Disposal(s)
Construction Brick
Cooling Ceiling Fan(s), Zoned, Individual Units, Electric
Heat Source Gas
Heating Forced Air
Parking Description Off Street, Other
Sewer Public Sewer
Tax Year 2022
Water Public
Lot Dimensions 35x155 ft
Community and Schools
Junior High School Yeatman-Liddell Middle School
Senior High School Sumner High
Price History of 5133 Cates Avenue, St Louis, MO
| Date | Name | Price | Difference |
|---|---|---|---|
| 02/03/2024 | Price Adjustment | $255,000 | 15.00% |
| 11/16/2023 | Listing Price | $300,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
Listed by Garcia Properties, Courtney Weng & Steve Weng
Sold by Landmark Realty, Jenny Wisniewski
 Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: Garcia Properties Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange |