Value-Add Rehab Opportunity in North Hampton

This value-add opportunity offers the potential for substantial returns. Here are the highlights:

Scarcity: This is a rare find—no similar opportunity of a 5+ rehab opportunity in North Hampton has appeared on the MLS in over 10 years.

Rehab Opportunity: Two units have direct fire damage, while four units have smoke exposure.

Six Units: Includes two spacious 2-bedroom units and four 1-bedroom units, all vacant and ready for rehab.

Strong Rental Demand: Nearby rental comps show strong potential returns, with 1-bedrooms at $1,095 and 2-bedrooms at $1,295 after updates.

Upward ROI Potential: Sales of 5+ unit buildings in the surrounding areas range from $102,500 to $195,833 per unit, depending on size and condition, offering flexibility in rehab decisions.

Prime Location: Positioned in the sought-after North Hampton neighborhood, this project combines substantial upside with limited supply.

Sold As-Is: Property is sold in its current condition, with no repairs or concessions.

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Renovated and Move-In Ready U City Home

Beautifully Renovated U City Home: Nestled on a quiet street in University City, this move-in-ready home offers a perfect blend of modern updates and classic charm, surrounded by friendly neighbors and close to the U City Loop, Forest Park, and Downtown Clayton.

Modern Kitchen & Stylish Updates: The kitchen shines with quartz countertops, all-new stainless steel appliances, a new garbage disposal, updated cabinet hardware, and a fresh backsplash. The bathroom has been completely remodeled with a modern finish.

Smart Home Convenience: Stay connected with WiFi-controlled locks, thermostat, and alarm, adding seamless technology to your daily routine.

Added Living Space Potential: A semi-finished, dry basement provides the potential to expand your living area.

Furnished Option Available: Option to purchase fully furnished, for primary living or would be a great option for a turn-key furnished rental. Inquire for pricing and included furnishings.

Extensive Upgrades Include:

  • Updated kitchen with quartz countertops, all-new stainless steel appliances, a new garbage disposal, and a fresh backsplash. New washer and dryer included.
  • The updated bathroom features a new tub surround, vanity, flooring, lighting, and                           shower kit.
  • New windows, 2” blinds were installed on the main level, along with fresh landscaping and a new garage door.
  • Home includes a new furnace, flue pipe and return, with a 3-year-old condenser.
  • Fresh paint throughout the main level, the basement, the exterior, and the garage.
  • Refinished hardwood floors, all-new lighting, fans.
  • There is a new exterior side door, front screen door, and updated door hardware.
  • The roof is approximately 3 years old, the sewer lateral has been replaced. 
  • WiFi-controlled smart locks, thermostat, and alarm.
  • All of the furnishings to be a fully functional medium term rental are available at an additional cost. Please inquire for specifics about what is included along with pricing. 

Flood Zone & Insurance Details: This property is located in a flood zone with an annual flood insurance cost of $1,299. The home has never flooded. 

A Virtual Tour is Available of the Home: https://bit.ly/6750-Julian

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Fully-Occupied Four-Family with Modern Upgrades

Property Overview: This fully leased four-family building in Affton features all 2-bedroom, 1-bath units, generating a total monthly rental income of $3,875, or $46,500 annually. Relative to four families further in the city, multi-family buildings in this area are young with brick in great condition, as well as an A-frame pitched roof with shingles for low maintenance and extended life. The neighborhood is quiet & low-key, with well kept landscaping throughout.

Unit Features: Each unit is 832 square feet, with a combined building square footage of 3,328. The lower-level units have hardwood flooring, while the upper units are carpeted. All units include modern upgrades such as granite countertops, stainless steel appliances, and cherrywood-finished cabinetry – “A” level finishes relative to the area. This should allow for top level market rate rents for the foreseeable future without making any major upgrades.

Utilities & Appliances: The building is equipped with central heating (gas forced air) and electric condensers for cooling. No systems are ancient and all are in good working order. All windows are upgraded to durable vinyl.

Tenant Amenities: Community laundry is available in the basement for tenant use. Additionally, the property offers two 2-car garages with power doors, alongside on-street parking options.

Video Walkthrough of Common Areas and Exterior: https://youtu.be/tQt16gfZTDw

Link to a Google Drive folder with Disclosures, Rental Verification, Leases, and Other Supplemental Documents: bit.ly/9546HydeParkSupp

Complete 3D Scan / Virtual Tour of Unit B: https://my.matterport.com/show/?m=tmc59okZEz2

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20-Unit Apartment Complex on Morganford

Prime investment opportunity with strong rental demand and potential for increased income.

  • Meticulously maintained property situated in the vibrant Tower Grove South neighborhood.
  • The property is located within walking distance to Tower Grove Park, Botanical Gardens, numerous restaurants, shops, and nightlife on Morganford.

Property Overview:

  • This property is made up of three tax parcels consisting of each building and the parking lot.
  • Two side-by-side 10-unit brick buildings, built in 1965.
  • The total above grade square footage is 10,852 with a total leasable area of 11,136 sq ft.
  • 1-bedroom apartments, all above grade units are 543 sq ft and all below grade units are 612 sq ft.
  • The buildings are configured with four units per floor with eight above grade units in each building.
  • Easy-to-rent and maintain units with low turnover.

Building Features:

  • Each building has 3 levels.
  • On-site laundry facilities in both buildings (coin-operated washers and dryers).
  • Private storage for tenants and a large storage room for supplies.
  • Maintenance shop in the basement with slop sink and shelving.
  • Copper and PVC stacks for plumbing.
  • Baseboard heating and hotel-style cooling units which keep costs and maintenance low.
  • Pitched roofs, with exterior doors featuring key code access.
  • Security cameras installed for enhanced safety.
  • Ample tenant parking at the rear of the property.

Unit Upgrades:

All units have received significant updates:

  • Appliances: Stove, fridge, and garbage disposals were replaced.
  • New interior and exterior doors were installed.
  • Refinished hardwood and laminate floors.
  • New vanities, countertops, and medicine cabinets in all units were added.
  • Six units feature new cabinets and bathtubs.
  • Units 3537-09 and 3541-10 now have private washer and dryer laundry hook-ups added.

Full Renovations (Units 3537-09, 3537-10, and 3541-09):

  • Renovations included new front doors.
  • Updated plumbing and electrical.
  • Renovations also included new windows, floors, and walk-in closets.
  • Brand-new kitchen and bathroom in Unit 3541-10.

Building Improvements:

  • New front entry doors with secure coded access.
  • Public halls and stairs carpeted (May 2021).
  • Federal Pacific electrical panels replaced with Murray panels in 2015.
  • Asphalt resealed and restriped (2013, 2021, and July 2023).
  • Quarter-turn shut-offs at all sinks and toilets.
  • Icemaker hookups added for refrigerators.

Plumbing & Safety Features:

  • Roofs replaced in September 2011 (25-year architectural shingles).
  • Water shut-offs updated in 2023 (main and basement access for each unit).
  • Sixteen new security cameras installed in 2023 (long-distance viewing, 2+ week backup).
  • Fire extinguishers, exit lighting, and railings installed for safety and insurance compliance.

Potential Rent Increases:

  • Current rents are below market rent for nearby apartments, current average rent is $725.
  • Average market rent for similar sized 1-bedroom apartments in the area range from $895 – $1,050.
  • There is an additional opportunity for rent increases with minor cosmetic updates.

Additional Features:

  • Smart lock key system on all deadbolts for enhanced security.
  • New larger satin nickel mailboxes, including office mailboxes in hallways.
  • 2024 improvements include new stair railings, updated flooring in 2 units, and new AC units.

Virtual Tours Available:

The seller will be reviewing offers at 2 p.m. Friday, October 25th.

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Rare Development Opportunity in The Grove

Prime Opportunity: Two adjacent lots in The Grove present a rare chance to invest in a highly sought-after location, just one block from the vibrant shops and restaurants on Manchester Avenue.

Highly Desirable Location: These lots are ideally situated near key St. Louis landmarks such as Forest Park, Barnes-Jewish Hospital, the Washington University Medical Complex, and the Missouri Botanical Garden, offering unmatched convenience and appeal.

Ready for Development: Both lots are already divided, making them perfect for the construction of side-by-side townhomes.

Lot Dimensions: The lot at 4328 Gibson measures 19 feet wide by 126 feet deep, while 4330 Gibson measures 16 feet wide by 126 feet deep.

Incredible Market Potential: With nearby townhomes in the 63110 zip code recently selling for up to $500,000, or $271 per square foot, this is an outstanding development opportunity in a thriving neighborhood.

Paying buyers agent 2%.

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Rehab-Ready Ranch with Strong Rental Demand

Prime Rehab Opportunity: This single-family home is perfect for investors seeking a fix-and-flip or rental property with significant equity potential.

Multiple Exit Strategies: Offers flexibility for either a quick flip or long-term rental with strong returns.

Ideal for BRRRR Strategy: A great candidate for Buy, Rehab, Rent, Refinance, Repeat, unlocking cash flow and appreciation.

Pride of Ownership: Located on a well-maintained block, reflecting a community that cares.

Desirable North County Location: Close to major highways, amenities, and anchored by the popular Pasadena Hills neighborhood and University of Missouri St. Louis.

High Rental Demand: Local rental market is strong, with potential rents over $1,300/month.

Renovation Started: Much of the hard work is done—just add your finishing touches to bring this ranch back to life.

Strong Comparable Sales: Recent area sales of up to $161,000 (within 1/4 mile) and $169,000 (within 1/3 mile) underscore this property’s value.

Property to be sold as-is. Seller to make no repairs.

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12 Turn-Key Single-Family Homes For Sale

Rare opportunity to acquire a portfolio of 12 single-family homes, all concentrated within the desirable 63137, 63134, and 63042 zip codes. This portfolio offers an excellent blend of stability, income, and future upside potential, making it ideal for both seasoned investors and those new to real estate investing.

Strategic Location: The portfolio includes 9 homes in the 63137 zip code, 2 in the 63134 zip code, and 1 in the 63042 zip code, all within close proximity to each other, simplifying management and oversight.

Spacious Layouts: Each home features a minimum of 3 bedrooms and 1 bathroom, with one standout property at 6947 Midwood offering 5 bedrooms and 2 bathrooms, appealing to a wide range of tenant profiles.

Income-Producing: 11 of the 12 homes are currently leased to qualified tenants, ensuring immediate and consistent rental income from day one.

Recent Upgrades: The current owners have invested approximately $180,000 into capital improvements and updates including roofs, driveways, water heaters, landscaping, appliances, flooring, bathroom and kitchen remodels since 2022. This reduces operational headaches and allows for a smooth ownership transition.

Long-Term Value: A savvy investor could continue leasing these homes for years, capitalizing on steady income, and then sell individual properties to owner-occupants at a premium for top dollar.

Value-Add Potential: Significant upside exists by increasing rents to the market value, potentially boosting gross monthly income to over $10,000. There is the added potential to convert all houses to Section 8 tenants for a rental income boost, with an upside of over $18,000/month.

Seller will be reviewing offers October 8th at 12:00pm. Please include a response time of October 9th at 12pm.

Paying buyers agent 1.5%

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Updated Brick Duplex in Princeton Heights

Updated brick duplex in South City’s Princeton Heights, just half a mile from Christy Park, offers two distinct units with lots of character.

  • The first-floor unit has one large bedroom, a small bedroom/office, and a private deck. The upstairs unit features two large bedrooms and one bathroom.
  • Both units include refinished hardwood floors, central air and heat, new vinyl windows (2020), original stain glass windows, and walk-in closets with French doors.
  • The property sits on a large corner lot including a fenced-in backyard and a 21×19 detached garage.
  • Tenants have access to basement laundry facilities.
  • The duplex generates $25,800 annually, with the first-floor unit renting for $1,050/month (lease ends 12/31/24) and the upstairs unit at $1,100/month (lease ends 3/31/25).
  • This combination of modern updates and steady rental income makes it an appealing investment.

Paying buyers agent 2.5%

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All Brick 4-Family with Great Income Potential

All-brick four-family building located in the Dutchtown neighborhood, just a short walk from Mount Pleasant Park. This 3,456 sq. ft. property sits on a .100-acre lot and features four 1-bed, 1-bath units. While the building requires some work, it offers excellent income potential. Sold as-is.

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Converted and Renovated Single-Family Home

Welcome to this converted and renovated single-family home, nestled in the vibrant Tower Grove South neighborhood.

  • This home perfectly blends modern convenience with classic charm, offering four spacious bedrooms and two full bathrooms.
  • A new roof promises durability and peace of mind, while the updated electrical and plumbing systems enhance the home’s efficiency and functionality.
  • The new flooring throughout adds a touch of elegance, seamlessly tying together each inviting space, from the cozy living room to the sleek, well-appointed bedrooms.
  • Currently rented at $1,600/month, which is under market value with similar 4B/2Ba renting for $1750+.
  • This property presents a unique investment opportunity. A savvy investor can continue generating rental income for several years and eventually sell the home for top dollar to an owner-occupant with comparable sales up to $290,000.

Don’t miss out on this versatile and profitable property!

Paying buyers agent 2.5%.

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