Sold

6225 Gravois Ave, St Louis, MO 63116

Sqft
7,876

View property features, location on map, relevant school information and overview from seller's agent.

Listed byEXP Realty, LLC
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Overview

EXCEPTIONAL CASH FLOW OPPORTUNITY - 6227 Gravois Avenue

Fully-stabilized 6-unit mixed-use investment delivering PROVEN performance: $52,380 annual NOI with an exceptional 74.5% margin. Thats REAL trailing 12-month data, not projections.

RETURNS: 10.49% Cap Rate | 18% Cash-on-Cash with financing
OCCUPANCY: 100% - All units leased with stable tenants
INCOME MIX: 3 commercial ($3,010/mo) + 3 residential ($2,975/mo) + storage ($200/mo)

BUILDING FEATURES: All-brick construction | Forced heat/central air throughout | Granite counters | Soft-close maple cabinets | Updated bathrooms | Individual utility metering

LOCATION: High-traffic Gravois corridor (15,000+ daily vehicles) | Minutes to I-55/I-44 | 10-15 min to downtown

VALUE-ADD UPSIDE: Rents $100-200/month below market | Zero immediate CapEx needed | Professional management in place

IDEAL FOR: Value investors seeking immediate cash flow | 1031 exchange | Portfolio expansion

Turnkey operation - own from day one with zero rehab required.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
7,876
Year built
1913

Interior features

Basement
Yes, Unfinished

Utilities

Heating
Forced air
Cooling
Central air
Water
Public

Taxes

Tax Annual Amount (2024)
$3,593

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: MARIS MLS MLS®#: 25071783 Last checked:

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.