Salient Realty Group is pleased to present this exceptional mixed-use property which offers a unique opportunity for investors looking for a blend of commercial and residential income streams. The building features three retail spaces on the ground floor, alongside a total of 16 residential units, including eight studio apartments and eight 1-bedroom, 1-bath units. With a 18.37% pro-forma cap rate, this property is a solid income-generating asset.
Listed By
Agency Name: Salient Realty Group, LLC
Shown By
Agent Name: Holly Even
Agent Phone: (314) 616-9431
Agency Title: RedKey Realty Leaders
Estimated Payment
$ 5,685.54 per month $4,876.09 Principal & Interest $548.42 Property Tax $261.04 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
5001 S Grand Boulevard | MLS# 26023306
This multi-family property located at 5001 S Grand Boulevard, Saint Louis, MO 63111 is currently listed for sale with an asking price of $895,000. S Grand Boulevard is located within the St Louis City school district. Search Saint Louis real estate on www.discoversaintlouishomes.com today.