Located at 4548-4550 Virginia Avenue, St. Louis, MO 63111, this triplex offers excellent cash flow potential and an ideal investment in a steadily growing market. Delivered fully vacant, this property includes: One townhouse unit: 2 bedrooms, 1.5 bathrooms, previously rented at $1,250/month (HUD approved rate). Two apartment units: 1 bedroom, 1 bathroom each, previously rented at $695/month, with comps in the area showing rents at $795/month. Beautiful wood floors throughout. Roof less than 5 years old. Recently renovated: All units were renovated 1 to 2 years ago, including updates to kitchens, bathrooms, and flooring, and appliances. Exterior fire incident: A small fire occurred away from the home, in the backyard near the building, causing light exterior damage to an A/C unit and exterior doors. The fire was quickly contained. Interior: Light soot in some of the units means the walls will need cleaning, but the units remain in good condition overall with no lingering smoke odor.
Basic Details
Property Type : Residential Income
Listing ID : 25006902
Price : $199,900
Year Built : 1912
Lot Area : 0.12 Acre
Status : Active
Property Sub Type : Multi-Family 2-4
Features
Heating System : Forced Air
Cooling System : Other, Individual Units, Electric, Wall/Window Unit(s)