This is an 8-unit apartment building in the Mehlville school district. The 7800 sq. ft. all brick building was built in 1961. It is in a great high traffic location. The building has 6 large two bedroom and 1 bath units and 2 one bedroom and one-bath units. Each 2 bedroom unit rents for $600 a month, 5 of the 6 units have been recently updated. The two one-bedroom units have been vacant for a number of years and need a full rehab. There are 6 parking spaces located in the front of the property. There is forced heat and central air. The building has ceramic and hardwood flooring and thermal windows.

Paying buyers agents 2.50%

10973 Warwick Hall Dr is a multi-family home in Bridgeton, MO 63044. This 3,240 square foot multi-family home sits on a 9,374 square foot lot and features 8 bedrooms and 4 bathrooms. This property was built in 1960. Nearby schools include Holy Trinity Catholic School, Holy Trinity School and Traditional School. The closest grocery stores are E Z Pantry, La Tejana Tienda and Ruler Foods. Nearby coffee shops include Circle K, The Sweet Spot Cafe and Starbucks. Nearby restaurants include La Tejana Taqueria, Sunrise Family Restaurant and Steak ‘n Shake. This address can also be written as 10973 Warwick Hall Drive, Bridgeton, Missouri 63044.

This a 7311 sq ft all brick building built in 1927 with significant architectural appeal. There are 8 units with a private bedroom, refinished hardwood floors and large closets. Updates include newer forced air furnaces, newer thermal windows, and some new plumbing. The rents are currently at $445 a month and could be raised to $475 or $550 with some updates made. Income $40,584 Expenses Taxes $3,160 Insurance $2,226 Water/trash $3,172 Sewer $2,540 Repairs $3,826 Total $14,924  Net $25,660

Paying buyers agents 2.50%

This 17 unit building built in 1925 is located in the Central West End four blocks from St. Louis University with new construction homes being built on the block. The building has been operated as a weekly or monthly rental that comes fully furnished with utilities provided by the owner. 2017 income was $126,274 with annual expenses $66,535 for a net income of $59,739 a year with a cap rate of 17.8%. Priced under $20,000 per unit. The occupancy rate is usually around around 95%. The building has a boiler that was replaced in 2017, a new roof was also installed in 2017. There is individual electric for all of the units. There is a 3 car attached garage with storage area in the rear of the building. This building could be operated as it is currently or is or could be converted to long term or student housing. The furniture in the units is included in the sale and there are two vacant lots to the west of the building that could also be purchased and made into a parking lot.
3936 Cook Ave., 63113 (a 20 unit building approx half a mile away) is also available to be purchased separate or as a package.

Paying buyers agents 2.70%

12 unit building located in Maplewood a short walk to all of the shops and restaurants on Manchester. This well maintained building was built in 1968, the units have all been updated since the owner has purchased it. The owner replaced flooring, kitchen cabinets, bathrooms, systems, vinyl windows, etc. There are hotel style wall units which keep the units warm and cool, water heaters under the sink and there is no basement. There is an asphalt parking lot with 11 spots that was recently resealed. There are 3 plumbing stacks and it was all updated with PVC with the exception of 1/3 of one stack still being original, electric are breakers. All of the units are one bedroom units that are approximately 600 sq ft. The building is fully leased with the ability to raise all rents to $600 as is and the potential to raise the rents to $675 in the future with additional updates. Sold as-is.

Paying buyers agents 2.50%

Located 2 blocks from Heman Park and Pershing Elementary school this two family is on a quiet residential street with many single family homes. Building is 2,210 square feet with 1,100 square feet with 2 bed 1 bath units. The building is currently vacant, one unit was recently rented for $650 a month with the ability to raise rents with some cosmetic updates. There are some hardwood floors, updated electric, a front porch for the first and second floor unit. Price $95,000.

Paying buyers agents 2.70%

Each 1000 sqft. unit features custom millwork with built in shelving in the living room, separate bedroom, and a porch off the back of the unit with a view of downtown.  Updates include central air, updated electric, pvc plumbing, new vinyl windows, carpet, light fixtures, and laundry hookups in the basement. This building is perfect for an owner occupant or investor and is move in ready.

With market rents at $600 per unit, you could live in one and have your tenant pay your mortgage. You could rent out the spaces in the large 2 car garage for additional revenue.  Located just 3 blocks from the newly renovated Das Bevo (Bevo Mill) and surrounding developments.

Paying buyers agents 2.7%