Welcome to your future investment! Nestled in the vibrant heart of St. Louis, this four-family investment property presents an incredible opportunity for astute investors seeking to expand their portfolio. With its location close to both Marquette park and the revamped Chippewa District, this property promises both immediate returns and long-term growth. Each one bed unit has a lot of the original charm and character, and are renting for $590, 595, 650, and 690 per month. Ask your realtor for the RPV with rents and expenses. One unit is MTM. All units are in the listing photos prior to tenant move in. Two units recently had make ready’s done. Sewer laterals were recently replaced on both sides of the basement, making this a set it and forget cash flowing property. Professionally managed and screened tenants. The property is fully occupied so showings will be with an accepted contract. Cash and financed deals only. No seller financing deals.
Basic Details
Property Type : Residential Income
Listing ID : 25003762
Price : $245,000
Year Built : 1924
Lot Area : 0.11 Acre
Status : Active
Property Sub Type : Multi-Family 2-4
Features
Heating System : Forced Air
Cooling System : Electric
Parking : Off Street
SchoolDistrict : St. Louis City
Taxes Paid : $0
Sewer : Public Sewer
Appliances
Appliances : Some Refrigerator(s), Some Range Oven(s)