5874 Delmar Blvd StSt. Louis, MO 63112

For Sale
$500,000

St. Louis apartment building, high NOI.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a two-story, 3,500 square foot multifamily building located at 5874 Delmar Boulevard in St. Louis, Missouri, zip code 63112. Currently operating at 100% occupancy, this property boasts a strong net operating income (NOI) of $47,040 (estimated). The building features approximately 1,750 square feet per floor, offering efficient floor plates. The property is a mixed-use building, with the first floor occupied by a non-profit tenant and the second floor dedicated to apartment units. Convenient off-street parking is available for residents and tenants. The asking price for this fully leased property is $500,000, making it an attractive addition to any investment portfolio. This prime St. Louis location offers excellent potential for future growth and strong rental income. The property is classified as both retail and multifamily, providing a diversified income stream. Serious inquiries are encouraged.

Highlights

  • Fully Leased, $500,000 asking price, estimated NOI $47,040.
  • Two-story building with approx. 1,750 sq ft floor plates.
  • Offers convenient off-street parking.
  • First floor occupied by a non-profit tenant.
  • Second floor consists of apartment units.

Property Details for 5874 Delmar Blvd St

Property type
Other retail properties, Multifamily properties
Square Feet
3,500 SF
Stories
2

Location Insight

City
St. Louis
County
Saint Louis
State
Missouri
Latitude
38.6542164
Longitude
-90.289608
5874 Delmar Blvd St, St. Louis, Missouri

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5874 Delmar Blvd St
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