Double Lot Zoned B. in the Grove

Double lot 55×125 (27.5×125 & 27.5×125) located in The Grove. Zoned B. Two Family Residential. Perfect for Single Family Homes, Townhomes, or Two Family Buildings. New construction Single Family Homes and Townhomes sell from $450,000 to $500,000 on average.

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Double Lot in the Grove

Double lot 50×125 (25×125 & 25×125) with garage structure located in The Grove. Zoned B Two Family Residential. Perfect for Single Family Homes, Townhomes, or Two Family Buildings. New construction Single Family Homes and Townhomes sell from $450,000 to $500,000 on average. Adjacent to numerous high end development projects including “Union At The Grove”.

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Development Opportunity in DeBaliviere Place

Opportunity to purchase 14 lots in DeBalivere Place overlooking the mansions on Washington Terrace. Lots are available in 2 or 4 parcel packages at $45,000 a lot. Lots are located near the Central West End, 5 blocks from Forest Park, 1 block from the $100M Delmar Divine Project under construction. Private and gated cul-de-sac. Lots are fully improved with all infrastructure in place including water, sewer, electric, and gated street. Lots are zoned E. Multi Family Residential and would be ideal for luxury townhouses. Plans and permits for 14 luxury townhomes have previously been approved by the City of St. Louis Building Division and Cultural Resources. New owner/builder will be required to update plans and permits. Lots are fee simple ownership with annual taxes of approximately $375 per lot. Inquire for more information.

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Large Single Family in Dutchtown

Well maintained Dutchtown single family home available now. Great rental to add to your portfolio as the home is currently generating $1,200/month on a MTM lease – Section 8. Once a duplex, now a very LARGE single family. Property is to be sold in AS IS condition. No showings without an accepted contract please, do not disturb tenants.

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19 Unit Value-Add Apartment Building

Opportunity to purchase a value add property located just a short walk to all of the shops and restaurants on S. Grand. Built in 1926 with seven 2-bed apartments, seven 1-bed apartments, 3 studios, and two commercial spaces. There are a number of renovation projects happening close by, with rents continuing to rise in the neighborhood. The commercial spaces are approximately 1,920 sq ft and 1,480 sq ft and would generate approximately $12 per sq ft. The building has been gutted and is ready for rehab. Permits have been previously approved for construction. Projected market rents after renovation are $1,200 for the 2 beds, $900 for the 1 beds, $695 for the studios. The commercial spaces have rent projections of $1,920 and $1,480, respectively. The building has a garage on the lower level for the tenants. There are building plans available to review at https://adobe.ly/40kXHu0. Property needs a full renovation and is being sold as-is.

 

 

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Home Available Now in Glasgow Village

Well maintained 2 bedroom 1 bathroom home in Glasgow Village! Detached 1 car garage for your convenience and a beautiful fenced in backyard for entertainment. Finished basement could use some TLC, but can very easily be transformed into a great hangout spot or home office. Tons of natural light throughout the home! Ideal for an owner occupant or a great addition to any investors portfolio with the potential to generate $850-$900/month. Welcome home! *Front wheelchair ramp will be removed upon closing*

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Unique Tower Grove East Four-Family

Unique four family is located in Tower Grove East one block from Tower Grove Park and a short walk to the restaurants on S. Grand. Massive 4,820 sq ft building built in 1908 has intricate brickwork, a stone front porch, a detached garage and off street parking in the rear and a fenced backyard with porches on the back. The 1,250 sq ft units have updated kitchens with dishwashers and room for eat in kitchen, updated baths, hardwood floors, updated vinyl windows, an area that is great for an in-home office. The systems are updated with updated electric panels, pvc plumbing stacks, there is a torched down roof, furnaces were replaced in the last 10 years and are in good condition. Three of the units are currently rented for $895, $860, $850. One unit has been recently vacated and would be ideal for owner occupancy. The rents for these apartments have potential to be raised substantially, 2 bedroom 1 bath apartments within 1/2 mile rent for $1,055-$1,750 depending on size and updates.

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Historic Renovated Townhomes In The Grove

Fully renovated 2 family in the heart of The Grove featuring large 3 bed 2 bath townhome units. Historic renovations included updating with modern kitchens and baths, updated systems including 200amp electric service, new HVAC systems, updated plumbing, lateral replacement, roof replacement, tuckpointing, window replacement, refinishing original hardwood floors, etc. Buildings are 2,936 sq ft with units that are each approximately 1,468 sq ft. Unit 918 is rented month to month for $1,715 a month and 916 is leased through 6/30/22 at $1,645. There is the potential to raise rents- similar size apartments have rented from $1.950-$2,200 nearby recently. Expenses and maintenance costs are low, annual expenses are $5,041. The buildings are tax abated through 2027. There are two almost identical buildings on the block for sale so there is the potential to purchase all 3 buildings which are the only buildings on the block. The other addresses that can be purchased are 920-22, 924-26 Talmage.

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Renovated Single Family Townhome

This updated 3 bedroom 2 bath townhome in The Grove features updated kitchen and baths, hardwood floors, vinyl windows, PVC plumbing. updated electric and a private fenced backyard. There are high ceilings in the basement which would make it easy to make into a finished basement. This 1,583 sq ft townhome was built in 2001. Located close to all of the action on Manchester.

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Renovated Townhome Units In The Grove

Located in The Grove these 3 bed 2 bath townhomes underwent a historic renovation including updating with modern kitchens and baths, updated systems including 200amp electric service, new HVAC systems, updated plumbing including PVC plumbing stack, lateral replacement, roof replacement, tuckpointing, window replacement, refinishing original hardwood floors, etc. Building has great curb appeal and original fireplaces, in-unit laundry. Property has a two-car garage with a space for each unit. Unit 4307 is leased for $1700 through 12/31/21, unit 4309 is leased for $1775 through 10/31/21. There is the potential to raise rents- similar size apartments have rented from $1,950-$2,200 nearby recently. Expenses and maintenance costs are low, the building is tax abated through 2027 and the total expenses are $6,489 annually. Buildings can be purchased along with 916-18, 920-22, 924-26 Talmage.

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