$5,900,000

5386 Pershing Avenue , St Louis, MO 63112

 
Bedrooms:0 beds
Bathrooms:0 baths
(None specified):34,832 sqft
Lot:0.53
Year Built:1917
Listing Status:Active

Listing Agent

Anthony M Klier
http://www.theagencystl.com
Loan Amount:
Interest:
Term (Years):
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Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

5386 Pershing ave, "Central Park" is a fully-renovated 40 UNIT property in Debalivere. Located right between Washington University main campus/ WASH U medical campus, down the street from Barnes Jewish Hospital and just a 6 minute walk to Forest Park. Every unit in the building has been upgraded with IN-UNIT WASHER DRYER, vinyl flooring, granite counters and central air (no central boiler or window unit AC). This property is 100% occupied and brings in $51,227/m. 32 of the units are 2bed/1baths that currently rent for $1296/month and 8 of the units are 1bed/1bath (w an office) that currently rent for $1221/month. Market rent for 2beds according to RentOMeter in this area is $1452/month (ask agent for his 23 rental comps) so there is plenty of room to raise rents (seller self-manages himself). In 2024 the Total Operating Income was $591,779 and the Total Operating Expenses were $182,626/month = which make the NOI for 2024 $409,152. Showings start May 14th, 2025- call to schedule a tour.

Detailed Items

Other Information

5386 Pershing Avenue, St Louis, MO, 63112 is a (none specified) listing of 34,832 sqft on a lot of 0.53. This (none specified) listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property5386 Pershing Avenue, St Louis, MO
Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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