Here is an opportunity to own a newly renovated solid brick building with long-term tenants. 16 1 Bedroom, 1 Bath units in 2 buildings. Sale includes 4219-21 Ellenwood (8 units) and 4223-25 Ellenwood (8 units). About 3/4th of the units are renovated and updated with newer bathrooms, kitchens, appliances etc. leaving some room for further renovations and upside. Units have hardwood floors, central heating and cooling, updated kitchens and baths. Property enjoys long-term happy tenants, steady and reliable cash flow with some leases going into 2027. Solid investment in a great rental area with upside potential. The property is conveniently located and walking distance from historic Bevo mill, bus stops, Southtown Centre, several restaurants, and establishments. Property is attractively priced at 8.2% CAP rate.
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Property is attractively priced at 8.2% CAP rate." +"AboveGradeFinishedArea": 19648 +"AboveGradeFinishedAreaSource": "Assessor" +"Appliances": array:3 [ 0 => "Electric Range" 1 => "Gas Range" 2 => "Refrigerator" ] +"ArchitecturalStyle": array:1 [ 0 => "Apartment Style" ] +"Basement": array:1 [ 0 => "Concrete" ] +"BasementYN": true +"BelowGradeFinishedAreaSource": "Assessor" +"CommunityFeatures": array:1 [ 0 => "Sidewalks" ] +"ConstructionMaterials": array:1 [ 0 => "Brick" ] +"Cooling": array:1 [ 0 => "Central Air" ] +"CountyOrParish": "St. Louis" +"CreationDate": "2025-07-15T16:54:35.481060+00:00" +"CrossStreet": "Gravois" +"CumulativeDaysOnMarket": 7 +"DaysOnMarket": 32 +"Directions": "Turn right onto Ellenwood from Gravois. Second building on the right side." +"Disclosures": array:1 [ 0 => "Agent Owned" ] +"DocumentsChangeTimestamp": "2025-07-16T20:21:39Z" +"DocumentsCount": 3 +"DoorFeatures": array:1 [ 0 => "Panel Door(s)" ] +"Electric": "Ameren" +"ElementarySchool": "Buder Elem." +"ExistingLeaseType": array:1 [ 0 => "Gross" ] +"ExteriorFeatures": array:2 [ 0 => "Courtyard" 1 => "Lighting" ] +"Fencing": array:1 [ 0 => "Chain Link" ] +"Flooring": array:3 [ 0 => "Ceramic Tile" 1 => "Hardwood" 2 => "Luxury Vinyl" ] +"FoundationDetails": array:1 [ 0 => "Concrete Perimeter" ] +"FrontageLength": "92" +"GrossIncome": 145760 +"Heating": array:1 [ 0 => "Forced Air" ] +"HighSchool": "Roosevelt High" +"HighSchoolDistrict": "St. Louis City" +"Inclusions": "Building" +"InteriorFeatures": array:2 [ 0 => "Ceiling Fan(s)" 1 => "Dining/Living Room Combo" ] +"RFTransactionType": "For Sale" +"InternetAutomatedValuationDisplayYN": true +"InternetEntireListingDisplayYN": true +"LaundryFeatures": array:1 [ 0 => "Laundry Room" ] +"LeaseConsideredYN": true +"Levels": array:1 [ 0 => "Two" ] +"ListAOR": "St. Louis Association of REALTORS" +"ListAgentAOR": "St. Louis Association of REALTORS" +"ListAgentKey": "39133036" +"ListOfficeAOR": "St. Louis Association of REALTORS" +"ListOfficeKey": "55108196" +"ListOfficePhone": "314-930-9990" +"ListingService": "Full Service" +"ListingTerms": "1031 Exchange,Cash,Conventional" +"LivingAreaSource": "Assessor" +"LotFeatures": array:2 [ 0 => "City Lot" 1 => "Level" ] +"LotSizeAcres": 0.27 +"LotSizeSource": "Other" +"MLSAreaMajor": "3 - South City" +"MajorChangeTimestamp": "2025-07-16T20:21:10Z" +"MiddleOrJuniorSchool": "Long Middle Community Ed. 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