Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    On Site, Parking Pad

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1364

  • Lot Size(square feet)

    5941.58

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Apartment Style

Price

  • Sales Price

    $730,000

  • Tax Amount

    $6,165

  • Sq. Footage

    4, 204

  • Price/SqFt

    $173

HOA

  • Association

    No

School District

  • Elementary School

    Mason Elem.

  • Middle School

    Long Middle Community Ed. Center

  • High School

    Roosevelt High

Property Features

  • Water Source

    Public

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Location

County

St Louis City

Elementary School

Mason Elem.

Middle School

Long Middle Community Ed. Center

High School

Roosevelt High

Listing Courtesy of Kenneth Wedberg , Realty Exchange

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4 - Unit multifamily building in the sought out after Clayton - Tamm "Dogtown" neighborhood on Louisville!  Units are large 5 room 1BR units featuring hardwood floors, sunroom, and rear decks off of each unit.  Walk to Forest Park, local restaurants in the neighborhood, while being centrally located to BJC, Washington University and the downtown Clayton area.  

Gross rents of $5,375 a month with room to grow with the flexible layouts and a conversion to 2BR units.  Unit 2S has had a major rehab and minor layout change.

1100 Louisville Avenue

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6114 Waterman Blvd offers investors or owner occupants the opportunity to acquire a large, well-located two-family asset in one of St. Louis’ strongest rental corridors. Located on one of Skinker-DeBaliviere’s premier streets, just blocks from Washington University and the Delmar Loop, the property is ideally positioned for student renters, roommate groups, graduate students, and professionals seeking proximity to Wash U, and Forest Park. The building contains 2,884 square feet, with each unit offering a spacious three bedroom, one-bath layout. The property is currently vacant, giving a new owner immediate control over the leasing strategy. A buyer can lease both units at market rent, occupy one unit while renting the other, or make additional improvements to further increase rental income over time. The most recent rental history demonstrates strong tenant demand. The units were previously furnished and leased for $3,000 per month and $2,695 per month. If both units were leased at $3,000 per month, the property would generate $72,000 in annual gross rent. The units feature a blend of original character and practical updates, including hardwood floors, large bedrooms, built-in bookshelves and cabinetry, original fireplaces, bay windows, and kitchens that open to rear screened-in porches. Additional features include a private fenced backyard with patio area, updated plumbing, HVAC, and electric systems, and ample basement storage. Both apartments were also recently painted, allowing a new owner to move quickly toward leasing or occupancy. Additional rent upside supported by nearby two-family properties on the same block achieving $4,500/month per unit for more updated units. This property also offers strong projected income for a student occupying the property while generating income and equity at the same time.
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Located just 1.5 miles from Tower Grove Park and all the amenities South Grand has to offer.

The building is surrounded by popular neighborhood restaurants and coffee shops for tenants to enjoy.

Built in 1927, this brick building has a total square footage of 6,400 on a 6,288 square foot lot (0.144 acres).

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Investment highlights
Fully updated 8-unit apartment building in the historic Tower Grove East neighborhood.
Located just 1.5 miles from Tower Grove Park and all the amenities South Grand has to offer.
The building is surrounded by popular neighborhood restaurants and coffee shops for tenants to enjoy.
Built in 1927, this brick building has a total square footage of 6,400 on a 6,288 square foot lot (0.144 acres).
Each 1-bedroom, 1-bathroom unit boasts 750 square feet of modern living space.
All units were completely renovated in 2021 with granite countertops, stainless steel appliances (including gas stoves, refrigerators, microwaves, and dishwashers), in-unit washers and dryers, and keyless locks throughout.
Major property upgrades in 2021 include new condensers, PVC plumbing, sewer laterals, and a TPO roof.
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 - property

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