5677 Waterman #32, St Louis, MO 63112
5677 Waterman #32, St Louis, MO 63112
5677 Waterman #32, St Louis, MO 63112
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$90,000
Est. payment /mo
2 Beds
1 Bath
840 SqFt
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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 840 sqft

Price per Sqft $107

Subdivision Waterman 4 Condominium

MLS Listing ID 26055980

Style Mid-Rise 3or4 Story

Bedrooms 2

Full Baths 1

HOA Fees $564/mo

Year Built 1915

Annual Tax Amount $1,906

Property Sub-Type Condominium

Property Description

Rare investor opportunity in the heart of Skinker DeBaliviere! Priced $57,000 below the seller's original purchase price, this turn-key 2-bedroom, 1-bath condo offers immediate cash flow and substantial built-in equity. The interior unit suffered zero damage from recent storms and is 100% move-in/rent ready, previously commanding $1,400/month in rent.
The complex is currently undergoing comprehensive exterior and roof repairs, fully funded by insurance. Due to ongoing repairs across the development, this condo is non-conforming to FNMA guidelines and requires a cash purchase. Per property management, conventional lender financing is anticipated to re-open once exterior work is completed—offering a prime opportunity for a future cash-out refinance. Selling strictly AS-IS. Minutes from Forest Park, Washington University, and the Delmar Loop.

Location

State MO

County St Louis City

Area 4 - Central West

Rooms

Basement Unfinished

Main Level Bedrooms 2

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Appliance Stainless Steel Appliance(s), Dishwasher, Disposal, Microwave, Built-In Gas Oven, Refrigerator, Washer/Dryer, Gas Water Heater

Laundry In Unit

Exterior

Parking Features false

Utilities Available Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Amenities Available Association Management, Fitness Center, Parking, Storage

View Y/N Yes

View City

Roof Type Flat

Private Pool false

Building

Lot Description City Lot

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Hamilton Elem. Community Ed.

Middle Schools Langston Middle

High Schools Sumner High

School District St. Louis City

Others

HOA Fee Include Insurance,Maintenance Grounds,Maintenance Parking/Roads,Common Area Maintenance,Management,Security,Snow Removal

Ownership Private

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Listing As Is


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Listed by Barbara Heise • RE/MAX Results

NEARBY SCHOOLS & PROPERTIES

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Jacob Geringer

Jacob Geringer

+1(314) 570-6794

Broker License ID: 2013031208

Broker License ID: 2013031208

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5677 Waterman #32