5225 Southwest Ave
- 14 Updated Units on The Hill
- Freshly Renovated Units
- Updated Utility Systems
- Rents Well Below Market
- 93% Occupied
Property Description
5225 Southwest Avenue is a 14-unit multi-family investment property located in the Hill neighborhood. The building, known as Marie Tower Apartments, consists of eight one-bedroom units and six two-bedroom units across two stories. Recent renovations include updated systems and interior finishes such as hardwood and tile flooring, stainless steel appliances, and central air conditioning. The property includes off-street parking for residents and on-site laundry hookups in basement. With a total interior area of approximately 14,991 square feet, the building is currently positioned as a stabilized asset with rents trending below current market rates.Broker Details
Salient Realty Group 618-567-8346
MLS ID: JAANDERS State License Number: 2019046652
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,525,000 |
| No. of Units: | 14 |
| Year Built: | 1963 |
| Lot Size: | 0.24 Acres |
| Opportunity Zone: | No |
| Price per unit: | $108,929 |
| Property Website | Click Here |
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