Excellent opportunity to add to your portfolio or jump into multifamily investing with this solid all brick 4 family in the heart of South St. Louis! Currently generating strong in place income with rents of $750, $750, $750, and $699 per month, offering immediate cash flow from day one. Recent… Read More capital improvements include a newer roof, all new water heaters, and sewer lateral repairs helping reduce future maintenance expenses and improve long-term stability for a new owner. The property also features a valuable rear parking pad, a highly desirable amenity for tenants in the area. Spacious units with classic South City charm, and strong rental demand make this a great fit for both seasoned investors and house hackers looking to offset their mortgage with rental income. Live in one unit while the others help pay the bills, or add a stabilized multifamily asset to your portfolio. Conveniently located near Civil Life Brewery, Friendly's, and super accessible to everything South City has to offer! Whether you’re looking for steady cash flow, long-term appreciation, or an owner-occupant investment strategy, this property checks all the boxes! One unit is vacant until 6/1 and easy to show. Read Less
Listing courtesy of Mogul Realty.
Listing Snapshot
Days Online
0
Last Updated
Property Type
2-4 Units
Square Ft.
3,128
Lot Size
0.13 Acres
Year Built
1939
MLS Number
26031939
30 Days Snapshot Of 63116
$224k
+3%
(avg) sold price
46
-9%
homes sold
23
-36%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Gas Oven", "Refrigerator"
Basement
Basement: "Unfinished", Basement
Building
Above Grade Finished Area: 3128 Sq.Ft., Above Grade Finished Area Source: Public Records, Architectural Style: "Historic", Below Grade Finished Area: 0 Sq.Ft., Below Grade Finished Area Source: Other, Construction Materials: "Brick", Levels: "Two", Living Area: 3128 Sq. Ft., Number Of Units Total: 4, Year Built: 1939
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Listings courtesy of Mid America Regional Information Systems Data Exchange as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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