This 4 family in the newly developed Crown District has been beautifully rehabbed. This is an excellent owner-occupant or investment opportunity, passing the FHA self-sufficiency test at 3.5%
down, an owner-occupant could live for free with an income from day one. For the investor, this property operates at an 8.7% cap rate. Each unit has in-unit washer and dryers, 2 bedrooms and 1 bath with a home office, thermal windows, hardwood floors, stain glass windows, white shaker cabinets, stainless steel appliances, dishwashers, all new kitchen and baths, a new 1.5” water service, all new pex water pipes, new pvc waste pipes, new 100 amp electrical panels, off-street parking, 3 new HVAC systems, 3 new water heaters. Unit 1E (first floor right side) is vacant for an owner/occupant. The other 3 are rented with June 1 move-ins for $1,150, $1,150 and $1,175.
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This is a 4 unit building with 2- 2 bedroom and 2-1 bedroom units. The tenants are long-term tenants that have been in the building without a rate increase. Current rents are $750, $750, $675, and $712.50. Market rents are significantly higher, building could use some updates to help rent increases. It is located near Lindenwood University, grocery stores, shopping and post office. We must have an accepted offer prior to showing.
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Opportunity to purchase a renovated 3 family in The Grove. Located across the street from a park, near Forest Park, Barnes-Jewish Hospital, Washington University Medical School, The Cortex, and The Botanical Gardens.
This 3,652 sq. ft. building has a recently renovated 1,800+ sq. ft. 2-story townhome with 3 beds and 1.5 baths. Features include an updated kitchen with stainless steel appliances, updated bathrooms, a fireplace, central air, hardwood floors, a fenced backyard, and off-street parking. Perfect for owner occupancy or for an investor. There are also 2 one-bedroom units with one unit rented for $1,195 and $995.
The potential income is over $50,000 annually if fully rented. Average rent for similar size townhomes within a mile in the last year is $2,304 and the average rent for a similar size 1 bedroom is $1,402. There are two separate basements, the east basement has a bathroom with a shower, and two partially finished rooms.
Take the virtual tour: https://my.matterport.com/show/?m=xLoqix8ZGs9
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Rare opportunity to own this .92+/- acre lot (164 x245) off Manchester Road in Ballwin. Excellent redevelopment potential for Single Family(R1), Multi-Family(R4), or Commercial(C1). Currently zoned R1 with house and huge 3 car garage/workshop. Property is surrounded by Multi-Family/Commercial development and is the only Single Family in the area. Potential for new home, townhomes, small business, live/work or hobby farm. Keep as a rental house until future development takes place. The buyer would need to get re-zoned for any type of use other than single-family.
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Commercial investment opportunity in the Grand Center District near SLU for sale only. Property leased long term to daycare operator for $2,500 per month. The 10-year lease from 2016 has increases to $2,650 in 2022 and $2,800 in 2024 and expires in 2026. The buildings and systems were gut renovated approximately 15 years ago and are in good condition. Tenant pays all utilities and operational maintenance costs and owner pays real estate taxes of $4,256, building insurance of $2,154 and any structural or roof maintenance. Annual income is $30,000 with fixed expenses of $6,410 creating a net income of $23,590 which is a 9.8% cap rate minus any potential repairs or maintenance. Tenant is very successful and has perfect payment history. Please do not disturb tenant.
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3-family building in the heart of Soulard! Unit A has just been updated it is a 2 bedroom/1 bath this is currently vacant and will rent for $1200. Unit B has just been renovated and is owner-occupied, it is a 2 story townhome with 2 beds/2 baths (2nd & 3rd floors), this will rent for $1500. Unit C is a 2 story townhome in the rear, it has 2 beds/1.5 baths, currently rented for $825. All units have central HVAC. Home is located down the street from the Soulard Farmers Market, numerous shops, restaurants & bars. The building had the roof replaced approx 10 years ago. HVAC in unit A installed in 2018, unit B a couple of years old.
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Five well-maintained townhomes built-in 1986. There is one 3 bedroom and 2 1/2 bath and 4-2 bedroom and 1 1/2 Bath townhomes located in a tucked away quiet complex. There are walk-in closets, updated kitchens, and baths, in unit laundry area, nice private decks, and much more. The tenants pay for the sewer and water. This sale includes 914, 940, 946, 806, and 808 Amaral Circle.
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Welcome to this charming 3 bedroom 1 bathroom home; move in ready for either yourself or a tenant! The carpet throughout has just been professionally cleaned, and every room freshly painted. New roof and furnace as of 2018, and a brand new hot water heater as of 02/01/2021. The kitchen features a dinette for quick meals with the option for a formal dining room as well that flows nicely with the front of the home into the living room. Downstairs you will find a partially finished basement with the potential for an additional 4th bedroom. Large fenced in backyard with a shed for all of your tools and future projects. Come and see yourself, this property will generate $850-$900/month! This property is to be sold AS IS.
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Come see this beautiful and spacious 1600sf condo in the heart of Central West End! Just a few blocks from WashU Medical School, Cortex Innovation complex, and all of the nightlife the CWE has to offer. Just a few blocks from the new foundry development with shopping, grocery store and movie theater! This gorgeous home welcomes you home with a living room that is wide, bright, and inviting. Sit out on the deck, or in front of the fireplace and enjoy the evening. The master bedroom is spacious and has an en suite bathroom, while the 2nd bedroom makes a great office, den, or guest room and has a private full bath also! Don’t like city parking? Enjoy a private parking lot, covered parking, with gate key access, and heated pavement to melt snow and ice in the winter.
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