5915 McPherson Avenue, St. Louis City, MO, 63112

"The Saxon": Rare opportunity to own a pristine turnkey triplex mere blocks from bustling Washington University. All units renovated in 2021, this easy-to-manage property will be a cash flow machine for years to come. 2 of the 3 units already leased through June 2025, rents keep skyrocketing year-over-year next to Wash U. This 3-story building boasts very large 3-bed 1-bath units with hardwood floors throughout, newly installed laundry IN-UNIT! High ceilings, tons of natural lighting, fantastic open layout combining kitchen & living room area -- people love it! Updated kitchens with stone countertops and stainless steel appliances. 3rd Flr has a balcony in front with fabulous views, whereas the other units have an additional sunroom. Fenced-in backyard, off street parking in rear with updated parking pad, Silicone roof restoration 2021, HVACs replaced 2021 &2023, updated electrical panels, substantial masonry & tuckpointing 2021 Offered at a true 6.77 Cap Rate, call today!

Subdivision: Washington Heights Add 01

List Price

$ 1,095,000

Status

Active

Days on market

28

MLS#

24018051

Buyer's Agent Commission

2.75%

Bedrooms

0

Full baths

0

Sq. Ft. Above

3,750

Acres

0

Subdivision

Washington Heights Add 01

Municipality

St. Louis City

School District

St. Louis City

County

St Louis City

Property Type

Residential Income

Transaction Type

Sale

Type

Residential Income

Special Description

No Exemptions,Rehabbed,None

Miscellaneous

Balcony,Basement,Fencing,Laundry Facility in

Age

110

Conditions

Unknown,Agent Owned,Flood Plain No,Historic Restriction,Occupancy Perm Req

Additional Information

Elementary School

Hamilton Elem. Community Ed.

Jr. High School

Yeatman-Liddell Middle School

Sr. High School

Sumner High

Carport Spaces

0

Parking Description

Off Street

Lot Dimensions

130 x 33

Cooling

Electric

Sewer

Public Sewer

Heating

Forced Air

Water

Public

Heat Source

Gas

Appliances

Some Dishwasher(s),Some Fireplace(s),Some Insulated Window(s),Some Microwave(s),Some Refrigerator(s),Some Range Oven(s),Some Smoke Alarm(s),Washer/Dryer

Property Tax

$ 2,448