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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14-Unit Income Producing Apartment Complex

Built in 1960, this 14-unit apartment complex features recently updated 2-bedroom, 1-bathroom units across three buildings. With strong rental income and recent property upgrades including a new roof and parking lot, this investment offers immediate returns and future growth potential.

Property Details: Built in 1960, the property has a total of 11,536 square footage across three buildings on a 41,818 square foot lot.
Value-Add Potential: There is opportunity to significantly enhance property value and cash flow by increasing below-market rents to align with current market rates, coupled with optimizing property management efficiencies for improved operational performance. There is the added potential to reduce or entirely eliminate utility expenses by billing tenants for their usage.
Unit Details: All 2-bedroom, 1-bathroom units have been recently updated across three buildings.
Spacious Living: The total building square footage is 11,536, situated on a generous lot of 41,818 square feet or 0.96 acres.
Recent Upgrades: Significant improvements include a roof less than 5 years old and a newly redone parking lot within the past 2 years.
Security Features: Safety is a priority, with onsite cameras located at the complex.
Basements & Laundry: The property includes seven basements, each basement is semi private, with 2 apartments sharing one basement. There are 14 washer and dryer hookups (no machines currently in place).
Strong Rental Income: The current rents total $10,185/month, with potential for increases.
Comparable Sale: The nearby 2202 Hord recently sold for $60,000 per unit, with each unit rented at $605 per month. Hord had a gross income of $72,600, while Chambers currently generates $122,220 annually. Chambers benefits from more units, higher rents, and additional rental income potential.

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Stylish 2-Bed, 1-Bath Condo Near Forest Park

The location of this condo speaks for itself, great for living just outside of the CWE (Barnes, WashU, and the Cortex) without a car and taking the metro in/out each day. Nice finishes and updated appliances. Bike locker storage area, gated parking (1 assigned spot), and best of all – right across the street from Forest Park.

Unit Details: Stylish 945 square foot 2-bedroom, 1-bathroom condo on Pershing Avenue offering a panoramic view of Forest Park.

Fantastic Location: Located across the street from Forest Park, 50 yards from the Forest Park Metrolink Station – which is the last stop that services Westbound to both the Blue Line to Washington University and the Red Line to Lambert Airport. Eastbound service can get you to the Central West End and Downtown St. Louis. Within walking distance to the Central West End, The Loop, Washington University (both the medical campus and Danforth), the Metrolink Station, and Forest Park.

Unit Upgrades: The condo features an updated kitchen with all newer Maytag stainless steel appliances, high end finishes, granite countertops, and a convenient washer/dryer combo unit. The bathroom has a spa rain shower, granite countertops, a modern vessel sink, and plenty of additional counter space. There are hardwood floors throughout the living, dining, and hallways, complemented by carpeted bedroom spaces and tile in the kitchen and bathroom.

Balcony Spaces: Enjoy two balcony spaces, one off the living/dining area and another off the spacious 2nd bedroom.

Other Building Amenities: A common washer and dryer is available on each floor, along with a bike storage room with tools for tenant use.

Private Parking: Includes one assigned gated off-street parking space.

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Fully-Occupied, Income-Producing 3-Family

Seize the opportunity to own this fully occupied, cash-flowing property, currently generating $2,035/month with potential for increased rents.

This solid brick building features central heating and air conditioning in all units, including one newly renovated unit and two long-term tenants.
Major updates include a new roof and sewer laterals in 2021 and 2024, new appliances, two new furnaces in 2021, a new AC unit in 2023, and a new fence in 2024.
With its strong return on investment and room for rent growth, this property is a valuable addition to any investment portfolio.
Offered at a 9% cap rate, with modest rent increases, this can easily exceed a 10% cap rate.

Don’t miss out—make your offer today and capitalize on this outstanding opportunity!

Paying buyers agent 2%.

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Office Building in St. Charles Available Now

This 1708 square foot office building is in a great location for your business.

Located just minutes from Lindenwood College.
The building has excellent curb appeal.
When entering through the back door, you will walk into the reception area. It is a welcoming area including a receptionist’s desk, kitchenette, and seating area.
The building has some beautiful, exposed brick walls adding lots of character.
There are 5 separate office spaces.

Paying buyers agent 2%.

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2 Bed, 1 Bath Condo Across from Benton Park

Discover 2210A Wyoming Street, a charming 2-bedroom, 1-bathroom condo.

This condo is located right across from the beautiful Benton Park.
The Benton Park neighborhood offers antique shops, art galleries, and a variety of casual restaurants and bars.
Finishing touches are needed, but major updates, including the kitchen, are already completed.
This property offers a prime value-add opportunity to build equity.
The average rent of 2-bedroom/1-bathroom apartments within a .5 mile radius of the property is $1,248/mo.
Sales comparables of 2-bedroom/1-bathroom condos in the 63118 zip code within the last year:

1. 2901 Wisconsin #2903 sold for $179,900.
2. 3557 Halliday #201 sold for $188,000.
3. 3559 Halliday #102 sold for $215,000.

Paying buyers agent 2%.

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Well-Maintained 2-Family in U City

Check out this well-maintained two family located in University City, within walking distance of Washington University, Lewis Park, and the Heman Park Pool.

There is the potential to add value to this property with cosmetic updates to the kitchens and baths.
The 2,576 SF building is comprised of two bedroom units that are each approximately 1,250 SF.
The average rents of 13 two bedroom apartments within 1.5 miles in the last year is $1,778.
The building features hardwood floors, fireplaces in each unit, a large living room and dining room, central air conditioning, and radiant heating with one of the boilers being recently replaced.
A new AC was installed for the upper level in 2023.
There is a PVC plumbing stack and the lateral has been replaced.
There is an enclosed porch on the back of each apartment, storage units for the tenants, and laundry hookups in the basement.
The tuckpointing is in great shape, and there is a brick two car garage in the rear of the property.
There is a long term month-to-month tenant in the first floor unit, and the second floor is vacant.
Sales comparables range from $300k-$758k in 63130 zip code depending on size and updates.
A virtual tour of the upstairs unit is available here: https://bit.ly/7118_2F

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8 Units in the Historic Tower Grove East

Fully updated 8-unit apartment building in the historic Tower Grove East neighborhood.

Located just 1.5 miles from Tower Grove Park and all the amenities South Grand has to offer.
The building is surrounded by popular neighborhood restaurants and coffee shops for tenants to enjoy.
Built in 1927, this brick building has a total square footage of 6,400 on a 6,288 square foot lot (0.144 acres). This property is priced to sell at $102 per square foot.
Each 1-bedroom, 1-bathroom unit boasts 750 square feet of modern living space.
All units were completely renovated in 2021 with granite countertops, stainless steel appliances (including gas stoves, refrigerators, microwaves, and dishwashers), in-unit washers and dryers, and keyless locks throughout.
Major property upgrades in 2021 include new condensers, PVC plumbing, sewer laterals, and a TPO roof.
There is potential to increase rent as-is. Using an estimated pro forma rent amount of $1,024 per month, a fully-occupied building would generate $8,192 per month, or $98,304 annually. The pro forma rent amount is based on 33 1-bedroom apartment rentals seen within 1 mile of the property in the last year, according to Rentometer.com.
A virtual tour of one of the units is available here: https://bit.ly/2906_2W