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5120 Goethe Avenue

St Louis, MO 63109

– beds
– baths
– sqft
4,487 sqft lot
1925 build
– on site

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This Princeton Heights four-family has been renovated throughout and meticulously maintained. These apartments which are approximately 935 square feet feature renovated kitchens including updated cabinets, stainless steel appliances, breakfast bar. Bathrooms were renovated with new flooring, tiled shower surround with rain shower heads and updated vanities. Building has a detached garage and back porches for all units, hardwood floors, French doors, central air with updated furnaces and condensers, pvc stacks, updated electric panels. Building is fully rented for $3,735 a month which is $44,820 annually if fully rented. Annual expenses are $7,844. If fully rented the net annual income would be $36,976 which is a 7.3% cap rate. There was only 1 month of total vacancy for the building in 2020. Can be purchased along with 4947 Arsenal, 4960 and 4940 Odell, 6200 Hoffman.

Listing courtesy of MARIS / Invest St. Louis

Last checked: Checking… • Last updated Sep 11, 2023 •

MLS# 21002649 —

The Building

Year Built:

1925
Construction Materials:

Brick Veneer
Above Grade Finished Area:

3740
Above Grade Finished Area Source:

Public Records

Financial & Terms

Price Per SqFt:

128.34

Location

Latitude:

38.57939
Longitude:

-90.282942

The Property

Parcel Number:

5830-00-0210-0
Property Type:

Residential Income
Property Subtype:

Multi-Family 2-4
Property Condition:

None
Lot Size Acres:

0.103
Lot Size Dimensions:

40 x 120
Lot Size SqFt:

4487
Lot Size Source:

County Records
Water Source:

Public
Driveway:

None

Listing Agent

Contact info:

Taxes

Tax Year:

2020
Tax Annual Amount:

1956
Tax Legal Description:

C. B. 5830 GOETHE 2 40 FT X 120 FT KINGSHIGHWAY PK ADDN BLOCK 1 LOT E-52 & W-53

The Listing

Disclosures:

Unknown,Sellers Discl. Avail
Special Listing Conditions:

Renovated,None
Buyer's Brokerage Compensation:

2%

Heating & Cooling

Cooling:

Electric
Heating:

Forced Air
Heating:

true

Utilities

Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher,Microwave,Refrigerator,Range

Schools

Elementary School:

Buder Elem.
Middle Or Junior School:

Long Middle Community Ed. Center
High School:

Roosevelt High
High School District:

St. Louis City

The Community

Subdivision Name:

Kingshighway Park Add
Neighborhood:

Princeton Heights
Association Fee Frequency:

None

Parking

Attached Garage:

false
Parking Features:

On Street

Extra Units

Unit 1 Rooms:

4
Unit 1 Description:

Family Room
Unit 1 Full Baths:

1
Unit 1 Beds Total:

1
Unit 2 Rooms:

4
Unit 2 Description:

Family Room
Unit 2 Full Baths:

1
Unit 2 Beds Total:

1
Unit 3 Rooms:

4
Unit 3 Description:

Family Room
Unit 3 Beds Total:

1
Unit 3 Full Baths:

1
Unit 4 Description:

Family Room
Unit 4 Rooms:

4
Unit 4 Beds Total:

1
Unit 4 Full Baths:

1

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Sale history

Date	Event	Source	Price	% Change
3/11/21 Mar 11, 2021	Sold	MARIS	$480,000	-4.0%
2/1/21 Feb 1, 2021	Pending	MARIS	$500,000
1/15/21 Jan 15, 2021	Listed / Active	MARIS	$500,000	194.1% (67.8% / YR)

Multifamily Sold on 3/11/2021

$480,000

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Listing Courtesy of: MARIS and Invest St. Louis.

Information from Third Parties, Deemed Reliable but Not Verified.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

5120 Goethe Avenue

St Louis, MO 63109