If Warren Buffet was a local real estate investor, this is what he'd be looking to buy. It's a very rare opportunity to take advantage of an unfortunate situation. The beautiful DeBaliviere Place neighborhood was ravaged by a tornado almost 4 months ago, and while the neighborhood has rebounded nicely, the local condo market has not. It's simple math: buy low, sell high. Or add to a successful rental portfolio. This is an estate sale, seller has never occupied and does not want to complicate matters with a disclosure, repairs, inspections, negotiations or any of that. It's priced for an investor. Take it or leave it or make a decent offer, but whoever takes it wins the Oracle of Omaha's Basic Principles of Investing Award.
Property Features
Bedrooms
- Bedrooms: 2
- Bedrooms On Main Level: 2
Other Rooms
- Total Rooms: 5
- Basement Features: 8 ft + Pour
- Basement Description: 8 ft + Pour
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Full Bathrooms On Main Level: 1
Appliances
Heating and Cooling
- Cooling Features: Central Air
- Fireplace Features: Living Room, Wood Burning
- Heating Features: Forced Air
- Number of Fireplaces: 1
Garage and Parking
Land Info
- Lot Description: City Lot, Garden, Landscaped, Near Park
Homeowners Association
- Association: Yes
- Association Amenities: Association Management
- Association Fee: 198
- Association Fee Frequency: Monthly
- Association Fee Includes: Insurance, Maintenance Grounds, Common Area Maintenance, Sewer, Snow Removal, Trash, Water
- Calculated Total Monthly Association Fees: 198
- Association Name: Fifty Three Sixty Seven Pershing Condominium Assoc
School Information
- Elementary School: Ford-Ford Br. Elem. Comm. Ed.
- High School: Sumner High
- High School District: St. Louis City
- Middle School: Langston Middle
- School District: St. Louis City
Other Property Info
- Annual Tax Amount: 2475
- Source Listing Status: Pending
- County: St Louis City
- Directions: Union or DeBaliviere to address on Pershing
- Tax Year: 2024
- Source Property Type: Residential
- Area: 4 - Central West
- Property Subtype: condo
- Source Neighborhood: DeBaliviere Place
- Parcel Number: 3877-00-0445-0
- Subdivision: 5367 Pershing Condos
- Township: St. Louis City
- Property Subtype: Condominium
- Source System Name: C2C
Utilities
- Electric: Ameren
- Sewer: Public Sewer
- Cable Available
- Water Source: Public
Building and Construction
- Year Built: 1912
- Above Grade Finished Area: 982
- Above Grade Finished Area Source: Public Records
- Building Exterior Type: Brick
- Construction Materials: Brick
- Levels: One
- Property Age: 113
- Total Above Grade Sqft Area: 982
- Architectural Style: Historic, Mid-Rise 3or4 Story
