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: Mary Luckey
Agent Phone: (314) 550-7203
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 Insurance
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.luckeymary.com today.