1423 Hodiamont AVE Active Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63112
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,006 sqft
Price per Sqft $91
Subdivision Watsons Fruit Hill Add
MLS Listing ID 25021315
Year Built 1906
Annual Tax Amount $2,693
Lot Size 3,080 Sqft
Property Description
This is a free-standing mixed-use mercantile and apartment building located in a quiet residential area of Hamilton Heights. The property encompasses approximately 4,006 square feet and sits on a 3,080 square foot lot.
The ground floor is currently leased to a daycare, which utilizes the fenced-in rear yard as a playground. Precious Circle of Friends Learning, the current tenant, has been renting the property since 2022. They hold a 5-year lease that expires on February 28, 2027, paying $2,500 per month on a triple net (NNN) basis. The daycare is licensed to care for 28 children from birth to 5 years old.
On the second floor, there is a two-bedroom apartment. According to Trulia, market rents for similar apartments range from $1,000 to $1,500 monthly, making this an attractive investment opportunity. Location: City, Corner Location
Location
State MO
County St Louis City
Area 4 - Central West
Interior
Heating Natural Gas,Forced Air
Cooling Central Air,Electric
Exterior
Parking Features false
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Water Available,Sewer Available,Phone Available
View Y/N No
Building
Water Public
Structure Type Brick
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard