Prime Investment Opportunity – Major Capital Expenses Already Covered! This 4-unit property offers a solid investment with new hot water tanks, new furnaces, updated electric panels, and some PVC plumbing—ensuring lower maintenance costs for years to come.
Currently, 3 of 4 units are occupied at $735/month, with reliable, on-time paying tenants who take great pride in their living spaces. Whether you’re looking for an owner-occupant opportunity or a turnkey investment, this property has plenty of potential.
An HVAC upgrade to central air could boost rental income by $100-$125 per unit, and additional cosmetic updates would increase rents even further.
Schedule a showing today to tour the vacant unit!
Basic Details
Property Type : Residential Income
Listing ID : 25011978
Price : $260,000
Year Built : 1942
Lot Area : 0.13 Acre
Status : Pending
Property Sub Type : Multi-Family 2-4
Features
Heating System : Forced Air
Cooling System : Wall/Window Unit(s)
Parking : Off Street
SchoolDistrict : St. Louis City
Taxes Paid : $0
Sewer : Public Sewer
Appliances
Appliances : Some Range Oven(s), Some Shower Bath(s), Some Window Treatment(s)