AUCTION - Retail
$73,500Starting Bid

5055 Louisiana Avenue
St Louis MO 63111

Single Family
Property Type
4
Beds
2.0
Baths
1,938
Sq. Ft.
P1126BL
Property ID
Listing Courtesy of: Jonathan Manley - EXP Realty, LLC
Great opportunity for corner lot 2 story brick building in solid south city. 4 bedroom 2 bath 2000 sq.ft. with living room, large kitchen and full walkout lower level. Some updates and solid systems are in place. Property is currently occupied on a 12 month lease at $1060 a month.

LISTING INFORMATIONActive Closed Pending Sold Under Contract
Originating MLS:
Source MLS: Xome1

Property #
P1126BL
MLS #
18091500
Property Type
Single Family
Bedrooms
4
Municipality
County
SAINT LOUIS CITY
Bathrooms
2 Full
Square Feet
1,938 (approx)
Year Built
1914
Stories
2
Room Information
Full Baths
2

Interior Features
3
Jonathan Manley -  Exp Realty, Llc - IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and , Copyright 2016 Realcomp II Ltd. Shareholders
  • The Auctioneer may bid on behalf of the Seller up to the amount of the Reserve Price by placing successive or consecutive bids for a property or by placing bids in response to other bidders. Any such bids placed by the Auctioneer will not result in a Winning Bid.
  • There is a Buyer's Premium Fee based on a percent of the Winning Bid Amount with a minimum Fee. The Buyer's Premium will be 5 percent of the Winning Bid Amount or the Minimum Fee of $2,500 (US), whichever is greater. The payment of the Buyer's Premium fee shall be a condition of Closing.
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  • Information is available for marketing purposes only.
  • Please contact the listing agent directly with questions or inquiries regarding this Property or transaction details (e.g., contingencies, earnest money requirements, deed/conveyance type, etc.).
  • Highest Bids are subject to Seller’s approval, which shall be given or denied at Seller's sole and absolute discretion; Seller has three (3) calendar days to make this determination.
  • Pre-Auction Offers - Offers must be submitted at least 72 hours prior to the start of the Auction Event through the 'Make Offer' link or by submitting the offer directly to the Listing Agent. If the Pre-Auction offer is not accepted by the Seller 24 hours before the Auction starts, it will be deemed rejected. If rejected, we encourage all buyers to bid once the Auction begins.
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Listing Courtesy of: Jonathan Manley - Exp Realty, Llc
Price History
Listing Price History for 5055 Louisiana Avenue
Price History
Date
Event
Price
Source
Tax History
Year
Property Taxes
Change
Tax Assessment
Change
Source: Public Records
Average High Rent $1,320/mo.
Average Median Rent $1,161/mo.
Average Low Rent $950/mo.

Rent estimates based on 60 comparable rental listings with matching bedrooms and approx. size in 2 mile radius.

Rental Data Provided by Rent Range

Purchasers are required to conduct their own due diligence and validation.

 
Monthly Yearly
Est. Cash Flow
545.14 6541.63
Est. Cap Rate
  13.48
Est. Cash on Cash Return
  44.50
Est. Gross Yield
  17.55
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Time Remaining:

FINISHED

Starting Bid

$73,500

Eligible for Financing

#297 - Residential Auction Event

Jan 12 - Jan 16

LISTED BY

Listing Agent Jonathan Manley
License Number 2014024458
Phone Number +1 (314) 276 8421
Brokerage EXP Realty, LLC
Brokerage License 2016012645
Managing Broker Whitney Meddaugh
Managing Broker License 2000170462

MAY WE ASSIST YOU?

Need some help with anything? Check out our  Frequently Asked Questions section for the answers to common questions Or contact our Customer Service department.
Auctioneer William M. Hayward
License # Stone County License # 1505, Xome Inc. - Stone County License # 1505
Broker: Viola Robinson
Viola.Robinson@xome.com
Broker: Jonathan Cerreta
Jonathan.Cerreta@xome.com
Xome Broker: Larry White Jr.
(602) 206-1262
Courtesy: Exp Realty, Llc
Information is deemed reliable but is not guaranteed.
This content last refreshed on 1/20/2019 9:57 AM .Some properties which appear for sale on this web site may subsequently have sold or may no longer be available."