5931 Maple Ave, St Louis, 63112

REDUCED 12% Multi-Family 5+ - Apt Bldg/Interior En For Sale in Horton Place Add


MLS® #: 18039951
Active Under Contract, 399 Days on Market

Opportunity to rehab "The Martanna" an architecturally unique 6 family in the rapidly developing West End neighborhood. Located a few blocks from the Washington University North Campus, U City Loop, new Loop Trolley. Built in 1917 building is six 1,100 sq ft units, it is possible to add two additional units in the lower level as the 1st floor apartments are raised above ground and there are windows in the lower level. Plenty of space in the backyard to add off street parking. Building is vacant. Potential for 10 year tax abatement through the city after rehab. A similar sized 6 family in the neighborhood recently appraised for $500,000 after full renovation. Rent Comps after rehab- 5572 Clemens 63112- 3 bed updated units rent for $895, 5858 Cates 63112- 3 bed updated units rented for $1,150, 1019 Skinker rents from $950-$1,400. The building is in need of a full and complete renovation, being sold as-is.

Price & Status History

Date Details
Status Changed from Active to Active Under Contract
Price Reduced from $85,000 to $75,000
Status Changed from Pending to Active
Price Reduced from $99,000 to $85,000
Status Changed from Active to Pending
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Essential Information

MLS® #: 18039951
Price: $75,000
Acres: 0.20
Year Built: 1917
Type: Multi-Family 5+
Sub-Type: Apt Bldg/Interior En
Style: Mid-Rise 3or4 Story
Status: Active Under Contract

Community Information

Address: 5931 Maple Ave
Area: Central West
Subdivision: Horton Place Add
City: St Louis
County: St Louis City
State: MO
Zip Code: 63112


Parking: On Street Parking


Heating: Forced Air
Cooling: Other


Lot Description: 58x148
Construction: Brick/Stone Msn Pred

School Information

District: St. Louis City
Elementary: Columbia Elem. Comm. Ed. Center
Middle: Henry Elem.
High: Beaumont Cte High School

Additional Information

Date Listed: May 18th, 2018
Days on Market: 399
HOA Fees Freq.: None

Listing Details

Listing Office: Invest St. Louis

Information from Third Parties, Deemed Reliable but Not Verified.
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