“The Saxon”: Rare opportunity to own a pristine turnkey triplex mere blocks from bustling Washington University. *Fully leased through June 2026*, rents keep skyrocketing year-over-year next to Wash U. All units renovated in 2021, this easy-to-manage property will be a cash flow machine for years to come.
This 3-story building boasts very large 3-bed 1-bath units with hardwood floors throughout, newly installed laundry IN-UNIT! High ceilings, tons of natural lighting, fantastic open layout combining kitchen & living room area — people love it! Updated kitchens with stone countertops and stainless steel appliances. 3rd Flr has a balcony in front with fabulous views, whereas the other units have an additional sunroom.
Fenced-in backyard, off street parking in rear with updated parking pad, Silicone roof restoration 2021, HVACs replaced 2021 & 2023, updated electrical panels, substantial masonry & tuckpointing 2021
Offered at a true 7.17 Cap Rate, call today!
Basic Details
Property Type : Residential Income
Listing ID : 25000051
Price : $1,045,000
Year Built : 1914
Lot Area : 0.12 Acre
Status : Active
Property Sub Type : Multi-Family 2-4
Features
Heating System : Forced Air
Cooling System : Electric
Parking : Off Street
SchoolDistrict : St. Louis City
Taxes Paid : $0
Sewer : Public Sewer
Appliances
Appliances : Some Refrigerator(s), Some Range Oven(s), Some Smoke Alarm(s), Some Dishwasher(s), Some Insulated Window(s), Some Microwave(s), Washer/Dryer, Some Fireplace(s)
Address Map
Mls Area Major : Central West
Neighborhood
Elementary School : Hamilton Elem. Community Ed.
High School : Sumner High
High School District : St. Louis City
Middle School : Yeatman-Liddell Middle School
Additional Information
Lot Size Dimensions : 130 x 33
Previous Price : 1075000
Water Source : Public
Construction Materials : Brick
Financial
Tax Annual Amount : 2448
Listing Information
List Agent Mls Id : EVANKUHN
List Office Mls Id : KUHN01
Modification Timestamp : 2025-02-11T22:17:04Z
Originating System Name : MARIS
Special Listing Conditions : None, No Exemptions, Rehabbed