Welcome investors! Slab home with great bones being sold AS IS. With some TLC this could be a great home as either a rental or a flip. Please use caution when entering the property, and bring your flashlights as well!
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Rare Central West End renovation opportunity a few blocks from Barnes-Jewish Hospital @ Washington University Medical Complex and Forest Park. This 3 story historic home with 5 beds and 2.5 baths was built in 1895 was previously gut renovated and needs cosmetic updates. Home is 2,792 square feet featuring dual-zone HVAC, hardwood floors, multiple wood-burning fireplaces, 10-foot ceilings, original woodwork and built-in bookcases, rooftop terrace and second-floor laundry. Kitchen can easily be opened up and made larger. Recent CWE sales when renovated- 374 Walton Row $895,000 ($297 Sq Ft), 4550 West Pine $675,000 ($270 Sq Ft). 4430 Laclede is the side lot and not included in the sale, will be legally subdivided by the seller prior to closing. The side lot can be purchased separately. Being sold as-is.
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20 Single-family rental homes for sale. All of the 20 homes are occupied with all of the tenants paying rent. There is a management company in place that has been managing properties for 17 years that is located near the homes and can stay in place after the sale if desired. With the 20 homes rented the monthly gross income is $12,320 which annualized is $147,840. Annual expenses are $40,797 with management expenses included which is approximately a 13% cap rate based on current occupancy. 19 of the 20 homes are located in north county and one home is located in south city. 6 of the 19 tenants are section 8 tenants. Homes are to be sold as-is. Showings with an accepted contract.
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3 total parcels for sale which include a 3,256 square foot 3 story brick home located at 4477 Washington that has been gutted. Home has a lot of potential with high ceilings, multiple decorative fireplaces, some original woodwork and a huge open third floor. The roof, soffits, gutters were all replaced in 2013 at a cost of over $30,000. Also for sale are two adjacent residential lots, 4479 Washington which is .13 acres and a large double lot at 4483 Washington which is .28 acres totaling over 4/10 of an acre. The double lot could be split into two lots to make three total residential lots in addition to the home. There are two recent sales of single-family renovated homes, one across the street at 4476 Washington that sold for $440,000 and next door at 4473 Washington that sold for $430,000. The home can be purchased with additional two lots for $215,000. Home can be purchased on its own for $125,000. Lots can be purchased on their own for $90,000- both lots must be sold together.
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3 total parcels for sale which include a 3,256 square foot 3 story brick home located at 4477 Washington that has been gutted. Home has a lot of potential with high ceilings, multiple decorative fireplaces, some original woodwork and a huge open third floor. The roof, soffits, gutters were all replaced in 2013 at a cost of over $30,000. Also for sale are two adjacent residential lots, 4479 Washington which is .13 acres and a large double lot at 4483 Washington which is .28 acres totaling over 4/10 of an acre. The double lot could be split into two lots to make three total residential lots in addition to the home. There are two recent sales of single-family renovated homes, one across the street at 4476 Washington that sold for $440,000 and next door at 4473 Washington that sold for $430,000. The home can be purchased with additional two lots for $215,000. Home can be purchased on its own for $125,000. Lots can be purchased on their own for $90,000- both lots must be sold together.
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Well maintained two family located in Southwest Gardens overlooking the Botanical Gardens and a short walk to Tower Grove Park. Building features spacious five and six room two bedroom units with hardwood floors, built in cabinets and many updates throughout including central air. There is a sun-room in the rear of the building for each unit and a front porch for each unit where you can hear the concerts at the Botanical Gardens in the summer. There is a well kept back yard with patio and garage. First floor is vacant and was rented for $1,050. The second floor is leased month to month at $1,166. Rents are low compared to market rents in the neighborhood. Updated 2 bedroom apartments in the area rent for as much as $1,445 depending on size, updates and amenities. This property would be great for an owner occupant or investor. Showings begin Friday July 2nd.
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Being sold AS IS. After some repairs are made, this property will be a great investment opportunity for someone who wants to either live in one unit or rent out all 6. The average rent in this neighborhood for a one bedroom unit is $750/month for a potential of $54,000 in gross income a year.
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Seller to make no repairs. To be sold as is. If your buyer is looking to occupy the home please let that be known when submitting an offer so we can make proper arrangements with the tenant.
Well kept 2 bedroom 1 bathroom home in Breckenridge Hills available now! Brick home on a Cul-De-Sac making for low traffic and a quiet street. Large bedrooms; one even has a second cedar closet! Great flat yard gives endless possibilities for entertainment. The basement is a clean open canvas with a freshly painted floor and a brand new furnace for peace of mind. The tenant is currently paying $800/month. The current rent for this home is under market rent in Breckenridge Hills based on the size of the home and the location and could be raised significantly. No showings without an accepted contract.
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Walking into the large living and dining room area, you will notice original charm in the beautiful front windows. Freshly painted last week and a new furnace as of 10/2019. Large deck off of the back door leads into a great mud area, perfect for taking off those winter boots! The partially finished basement would work well as an office or entertainment space for the hot summer days. Plenty of storage throughout the home in addition to potential extra storage in the unfinished portion of the basement. Welcome home!
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Tower Grove South home just a short walk to Tower Grove Park and the shops and restaurants on Morganford. This 1,872 square foot 3 bed 2 bath home features original trim, three decorative fireplaces, central air, original pocket door and a spiral staircase. Located on a large lot with off-street parking. Similar size homes in the neighborhood have sold for over $300,000 when updated. The home does need work, ideal for a buyer looking for a value add opportunity. Being sold as-is.
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