Listing ID: 19039435
Price: $698,000
Price/SqFt: $173.12
Status: Active
Address: 905 Concordia Lane
City: Clayton
State: Missouri
Postal Code: 63105
SqFt: 4,032
Acres: 0.148
County: St Louis
Subdivision: Hi Pointe Add
Attention investors! This property offered at a true 6% cap rate on current rents. Turnkey done building. Spectacular 4 Family in awesome DeMun location in Clayton. Spacious one-bedroom units with basically nothing to do - except maybe raise rents! This building is in mint condition , the kitchens and baths are all updated or brand new. Beautiful hardwood floors refinished throughout all units. Plumbing, electric, windows, roof, tuckpointing, all great. Nice matching one-for-one offstreet parking behind building. Attractive front of building and hall. This one has character.

Primary Features

Area Description: Clayton
County: St Louis
Miscellaneous: Basement, Laundry Facl-Commty, Storage Room Avail
Ownership: Private
Parking Description: Off Street
Special Listing Conditions: None
Sr. High School: Clayton High
Transaction Type: Sale
Type of Units: 4-Family

Interior Features

Appliances Some: Some Dishwasher(s), Some Disposal(s), Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s)
Cooling: Central-Electric
Heat Source: Gas
Heating: Forced Air
SqFt Source: County Records
SqFt Unknown: no
Water Heat: Gas


1st Assumable: no
Association: St. Louis Association of REALTOR
Building Description: Apt/InteriorEntrance
Cable Available: yes
Conditions: Unknown
Construction: Brick/Stone Msn Pred
Cumulative Days On Market: 40
Days On Market: 40
Disclosures: Sellers Discl Not Av
Propane Tank: None
Sewer: Public
Units: 4
Water: Public
Year: 2018

Financial Details

Fixed Expenses: Electric, Gas, Insurance, Sewer, Taxes, Trash Removal, Water
Operating Expenses: Maintenance
Possible Buyer Fees: no
Search Price: 698000
Selling Terms: Cash, Conventional
Taxes Paid: 6138
Tenant Pays: Electric, Gas

Location Information

Elementary School: Ralph M. Captain Elem.
FIPS Code: 189
Jr. High School: Wydown Middle
School District: Clayton

External Features

Lot SqFt: 6447
Lot SqFt Unknown: no

Zoning Info

Listing Courtesy of Ted Wight, Dielmann Sotheby's Intl Realty.

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Contact - Listing ID 19039435

Ted Wight

8301 Maryland Avenue,Suite 100
St. Louis, MO 63105
Phone: 314.725.0009
Phone Alt: 314.607.5555

Data services provided by IDX Broker