$875,000
$925,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
6609 Clayton RD Clayton, MO 63117
4,864 SqFt
Key Details
Sold Price $875,000
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,864 sqft
Price per Sqft $179
Subdivision Demun
MLS Listing ID 24021167
Sold Date 12/12/24
Year Built 1930
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 50 x 130
Property Sub-Type 2-4 Units
Property Description
Incredibly rare investment opportunity in Clayton! Multifamily properties hardly ever come available in this area, much less ones that have been completely updated. This four-unit, 4,864 SF building underwent a full gut rehab in 2018, with updates to plumbing, electrical, HVAC, roof, windows, and cosmetic features. This is a perfect opportunity for an owner/occupant or a savvy investor seeking a turnkey property in a prime location, right down the street from SSM St. Mary's Hospital, the DeMun Neighborhood, Schnucks, and many other wonderful neighborhood amenities. The property also has an 8 space parking lot behind the building - another very rare feature! In-place rents are below market for the area - currently: $1,580, $1,495, $1,500, & $1,595. Market rents for the area are approximately $1,975/mo for updated two bedroom units.
Location
State MO
County St. Louis
Area 226 - Clayton
Interior
Heating Forced Air, Electric, Natural Gas
Cooling Central Air, Electric
Fireplace N
Appliance Electric Water Heater, Gas Water Heater
Exterior
Parking Features false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Ralph M. Captain Elem.
Middle Schools Wydown Middle
High Schools Clayton High
School District Clayton
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with SandieLaMantia