
Seller's Agent in 2023
Anthony Klier
The Agency
(314) 517-1925
1 in this area
60 Total Sales
This 12 unit apartment building in Maplewood is the investment opportunity you've been looking for! The value-add concept was already proven with unit #9 that was renovated then instantly rented for $930/m. The building currently brings in $8,435/m and if all of the units were kept as-is and brought to market rent ($785/m) then the building would bring in at least $9,565. If you fully renovate the remaining 11 units, you should bring in at least $11,160/m or $133,920 annually. Fully renovating all of the units would be a breeze as all of the 1b1b units are the same floorplan so you can just rinse & repeat. There are at least 10 parking spaces which your tenants will love (also possible additional income in the future if you charge). The 2022 expenses were $25,987. The all brick exterior & slab foundation will keep major repair expenses low. Maplewood is extremely popular among Washington University students and professionals that want to live in the county but be close to the city.
Home Type
Year Built
Lot Details
Schools
Utilities
Community Details
Listing and Financial Details
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/30/2023 08/30/23 | Sold | -- | -- | -- |
07/28/2023 07/28/23 | Pending | -- | -- | -- |
06/20/2023 06/20/23 | For Sale | $985,000 | +52.7% | $168 / Sq Ft |
02/15/2019 02/15/19 | Sold | -- | -- | -- |
02/15/2019 02/15/19 | Pending | -- | -- | -- |
02/15/2019 02/15/19 | For Sale | $645,000 | -- | $110 / Sq Ft |
Seller's Agent in 2023
Anthony Klier
The Agency
(314) 517-1925
1 in this area
60 Total Sales
Buyer's Agent in 2023
Rosalyn Luna
Keller Williams Realty St. Louis
(314) 877-8506
1 in this area
27 Total Sales
Seller's Agent in 2019
Jordan Schoen
Invest St. Louis
(314) 255-5117
1 in this area
107 Total Sales
Buyer's Agent in 2019
Mike Shepherd
Invest St. Louis
(314) 662-6453
1 in this area
56 Total Sales
Source: MARIS MLS
MLS Number: MAR23034876
APN: 21J-2-2-005-3