Beautiful 6 unit building situated on a wide tree-lined street in DeBaliviere Neighborhood. Convenient location to the city, quick access to highways and steps away from Forest Park. Excellent opportunity for owner occupant or investor looking for a low risk investment. Quality building with 3 two-bedroom one bath units with extra office room and 3 units with one-bedroom one bath units with private decks off living room. See attachment showing the 2 floor plans. Each large and well-designed unit has all electric HVAC, electric water heater, wood burning fireplace and in unit washer and dryer. Four of the units have plank flooring and newer appliances. Renovated common halls freshly painted with new carpeting. Building has newer PVC plumbing and electric. Extra large back yard, private off-street parking. Roof 5 years old. Great investment with a competitive 5.77% cap rate. Rents for 4 of the units have not been raised in 9 years. If rents are raised to market rent, cap rate is 8.80%
Lot & Building Features
Construction:Brick/Stone Msn Pred
Parking Description:1 Space/Unit, Parking Lot, On Street Parking
Lot Dimensions:50x170 ft
Community and Schools
Elementary School:Ford-Ford Br. Elem. Comm. Ed.
Junior High School:Langston Middle
Senior High School:Sumner High
Price History of 5339 Pershing Avenue, St Louis, MO
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Listed by Berkshire Hathaway Advantage, David Voges
Principal & Interest
Monthly Home Ins.
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