Under contract

6609 Clayton Road

Clayton MO, 63117

$925,000


$190.17 per sqft

Under contract

4,864 sqft

Multi-family

Built in 1930

Incredibly rare investment opportunity in Clayton! Multifamily properties hardly ever come available in this area, much less ones that have been completely updated. This four-unit, 4,864 SF building underwent a full gut rehab in 2018, with updates to plumbing, electrical, HVAC, roof, windows, and cosmetic features. This is a perfect opportunity for an owner/occupant or a savvy investor seeking a turnkey property in a prime location, right down the street from SSM St. Mary's Hospital, the DeMun Neighborhood, Schnucks, and many other wonderful neighborhood amenities. The property also has an 8 space parking lot behind the building - another very rare feature! In-place rents are below market for the area - currently: $1,580, $1,495, $1,500, & $1,595. Market rents for the area are approximately $1,975/mo for updated two bedroom units.

24021167

MLS ID

April 10, 2024

Listed

November 22, 2024

Updated

Map

6609 Clayton Road
Clayton MO, 63117

Interior Features

Appliances

Some Dishwasher(s), Some Microwave(s), Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Washer/Dryer


Fireplace

No


Cooling

Yes


Cooling Description

Electric


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.15 Acres


Sewer

Public Sewer

School Information

School District

Clayton


High School

Clayton High


Elementary School

Ralph M. Captain Elem.

Other Property Details

Area Name

Clayton


Taxes

$10,046


Tax Frequency

Annually


Days on Market

226


Garage

No


Parking

Off Street


View

No


County

St Louis


Municipality

Clayton


Water Source

Public


Pool

No

Listing History

Date

Event

Price

11/22/2024

Under contract

8/1/2024

Price change

$925,000

-6%

Courtesy of Salient Realty Group, LLC, Garen F Lafser

Listings displaying the MARIS logo are courtesy of the participants of MO - Mid America Regional Information Systems (MARIS) Internet Data Exchange. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Aimee Simpson shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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