$696,000 $3,736 est/mo Sourced by Back At You

5416 Delmar Place Court,St Louis, MO 63112

St Louis MO, 63112

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Description

Opportunity to purchase 16 lots in a private gated development in the DeBaliviere Place neighborhood overlooking the mansions on Washington Terrace. The lots are located near the Central West End approximately 5 blocks from Forest Park. Each of the lots is zoned E. for multi-family residential and would be ideal for luxury townhomes, which have already been approved by the city of St. Louis. These lots are fully developed with new utility connections for water, sewer, and electric, as well as newer streets and gated access. The surrounding area is currently undergoing a lot of redevelopment activity. There are four brand new townhomes currently under construction within the development. Similar individual lots without utilities in the surrounding area have sold in the range of $60,000 to $100,000. Potential list prices for the completed townhomes could range from $350,000 to $490,000 depending on size, finishes, and upgrades based on similar-sized townhome sales nearby.

Details

MLS#24018177
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Days On Site108
Listing Provided ByInvest St. Louis | Jordan Schoen
Buying Commision2.5%

Features

ZoningE
Acreage0.05

Market Activity 63112

 Listings courtesy of Maris MLS as distributed by MLS GRID. 

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Listings Checked: 1 minute ago
StateMO
CountySt Louis City
CitySt Louis
Zip Code63112
AreaCentral West
Community NameDelmar Place Twnhse
School DistrictSumner High
Elementary SchoolFord-Ford Br. Elem. Comm. Ed.
Middle SchoolLangston Middle
High SchoolSumner High
Listing VS Median (in Delmar Place Twnhse)
Price:
$696,000
low | high
Med:
$0
On Site:
108
low | high
Med:
Sourced by Back At You
Listing Updated: June 4, 2024 at 1:46:27 PM PDT