Log In/Sign Up
Your email has been sent.
3521 Utah St 3521-3525 Utah
Saint Louis, MO 63116
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Freshly Renovated building completed in 2022
- Proven Concept to Bump Rents to $1,515/month
- Off-Street Parking
- Updated Electric/Plumbing/HVAC
- Walkable to South Grand Business District & Tower Grove Park
- All Sizable 2 bed/1 bath units w/ in-unit laundry
Executive Summary
Salient is pleased to present this opportunity to own a fully
updated, 6-family in the heart of Tower Grove East. The property
consists of 6, 2 bed/1 bath units with off-street parking and a
fenced in backyard. Units have been completely updated
throughout with high end finishes, new kitchens with new
stainless steel appliances, in unit washer/dryer and central
heating and cooling. Plumbing and electric have also been
updated. Rents are below market with a proven concept of
achieving over $1,500/mo with market rents being at $1,550/mo.
updated, 6-family in the heart of Tower Grove East. The property
consists of 6, 2 bed/1 bath units with off-street parking and a
fenced in backyard. Units have been completely updated
throughout with high end finishes, new kitchens with new
stainless steel appliances, in unit washer/dryer and central
heating and cooling. Plumbing and electric have also been
updated. Rents are below market with a proven concept of
achieving over $1,500/mo with market rents being at $1,550/mo.
Property Facts
| Price Per Unit | $205,492 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 7.75% | Building Size | 6,824 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1907/2022 |
| Apartment Style | Low-Rise | Cross Streets | Grand and Utah |
| Zoning | B | ||
| Price Per Unit | $205,492 CAD |
| Sale Type | Investment |
| Cap Rate | 7.75% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 6,824 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1907/2022 |
| Cross Streets | Grand and Utah |
| Zoning | B |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | 1,100 - 1,150 |
Property Taxes
| Parcel Number | 1489-00-0210-0 | Improvements Assessment | $135,583 CAD |
| Land Assessment | $4,629 CAD | Total Assessment | $140,212 CAD |
Property Taxes
Parcel Number
1489-00-0210-0
Land Assessment
$4,629 CAD
Improvements Assessment
$135,583 CAD
Total Assessment
$140,212 CAD
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
