Cash-Flowing LaSalle Park Two-Family with Owner-Occupant Potential

Check out this updated historic two-family, originally built in 1890 and located in the highly desirable LaSalle Park neighborhood. Ideally situated just two blocks from 4 Hands Brewing Co., less than a mile from Busch Stadium, and approximately 1.3 miles from the Gateway Arch and Downtown St. Louis.

This is an excellent opportunity for a house hacker or investor seeking a low-maintenance, cash-flowing property. The first-floor unit is an updated one-bedroom currently renting for $1,250 and features in-unit laundry, a dishwasher, and modern finishes.

The second and third floors offer a spacious two-bedroom, two-bath townhome-style unit rented at $1,650. This unit features an open layout with high ceilings across both levels and has been recently updated with a modern kitchen including stainless steel appliances and granite countertops, updated bathrooms, in-unit laundry, a skylight, hardwood floors, and a decorative fireplace.

Both units are equipped with central air conditioning. The current lease expires in August, providing flexibility for an owner-occupant or the opportunity to increase rents, as the property is currently below market.

Additional highlights include private enclosed porches for each unit, a backyard with a fire pit ideal for entertaining, and off-street parking. With annual gross income of $34,800, this property offers strong cash flow and consistent rental demand in a prime location.