5677 Waterman Blvd #32, St Louis, MO 63112 (MLS # 26055980)
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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.
| DAYS ON MARKET | 2 | LAST UPDATED | 8/31/2026 |
|---|---|---|---|
| TRACT | Waterman 4 Condominium | YEAR BUILT | 1915 |
| COMMUNITY | 4 - Central West | COUNTY | St Louis City |
| STATUS | Active | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Elementary School | Hamilton Elem. Community Ed. |
|---|---|
| Jr. High School | Langston Middle |
| High School | Sumner High |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Insurance, Maintenance Grounds, Security, Snow Removal |
| APPLIANCES | Built-In Gas Oven, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer |
| AREA | 4 - Central West |
| BASEMENT | Unfinished, Yes |
| CONSTRUCTION | Brick |
| HEAT | Forced Air |
| HOA DUES | 564|Monthly |
| INTERIOR | Fire Escape, Storage |
| LOT DESCRIPTION | City Lot |
| PARKING | Off Street, Secured |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Mid-Rise 3or4 Story |
| SUBDIVISION | Waterman 4 Condominium |
| TAXES | 1906 |
| UTILITIES | Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | City |
| WATER | Public |
MORTGAGE CALCULATOR
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