Rehab Project with Great Income Potential

Discover a unique investment opportunity with this 2-story, 4-family brick building, presenting an ideal project for real estate investors looking to capitalize on rehab potential. While 2 units currently have significant water damage, this property promises a high upside for income, with projected rents ranging from $950 to $1,100 per unit/month post-rehab. Each unit offers the canvas for transformation into a high-demand rental.

Sold as-is, this project is perfect for those ready to invest sweat equity to force appreciation and unlock exceptional returns. Seize the chance to revitalize and reap the rewards of this promising investment. Ideal for visionaries aiming to expand their portfolio and maximize earnings through strategic renovation.

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Income Producing Duplex Near Gravois Park

Nice income producing duplex with townhome style units in Gravois Park area! Each of these units have 3 bedrooms and 1 bathroom with nice hardwood floors and central air. Built in 1903, the duplex has a total building size of 3,234 square feet, situated on a 5,363 square foot lot.

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Tesson Hills Apartments

20-unit apartment complex with all brick exterior entrances and a 22-unit storage building available now!

  • Unit Mix: The complex includes 14 two-bedroom units and 6 one-bedroom units.
  • Storage Building: The 90 x 30 storage building, currently used by the owner, offers various unit sizes and presents an additional income opportunity once rented out.
  • Amenities and Utilities: Common laundry facility available for tenant use. Each unit is equipped with all-electric appliances and includes 2+ parking spaces. Tenants are responsible for electricity and water expenses.
  • Convenient Location: Situated on the corner of Old Hwy 21 and Konert/Lonedell, just 1 mile from Hwy 141, providing quick access to South County, Arnold, and Gravois Bluffs.

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4-Family Townhomes Near Arnold

This 4-family building is located in unincorporated Jefferson County outside Arnold. Each townhouse unit features a living room, eat-in kitchen with dishwasher and microwave, 2 bedrooms, and 1.5 baths. The bedrooms and halls are carpeted, while the kitchens and baths have ceramic tile flooring. Private walkout basements offer concrete walls, tall ceilings, 200-amp electric panels, PVC stacks, washer and dryer hookups, and balconies.

The roof is approximately 15 years old, and two condensers were replaced 2-4 years ago. One furnace is about 4 years old, and the water heaters are 5-8 years old. The property boasts a large lot, a fenced yard, and ample off-street parking. The owner covers trash, maintenance, and lawn/snow removal, while tenants are responsible for electric, sewer, and water bills.

Situated in a quiet residential area, the building is close to shopping, the Arnold Recreational Complex, and more. The seller self-manages and maintains the property.

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Duplex Available in the Heart of Saint Ann

Nice duplex in the heart of Saint Ann on a quiet residential street. Currently leased to two long-term tenants. The building has been very well maintained and cared for. Each unit has a spacious living room, eat in kitchen, updated bathroom, and bedroom. There is also plenty of storage space in the separated basements along with private washer and dryer hookups. The property has a very large, level backyard. Off street parking is available for both units. Take advantage of this amazing investment opportunity today!

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Updated Four-Family in Shaw

Updated four-family property in Shaw, less than 300ft from the Botanical Gardens (visible from your front steps!) and ~10min walk to Tower Grove Park.

  • Shaw is one of the most desirable places to live in St. Louis. It’s a quiet neighborhood surrounded by numerous green spaces and large Victorian homes. In addition to the variety of cafes and restaurants in the area, tenants are within walking distance to the various amenities offered at the Botanical Gardens and Tower Grove Park.
  • Two spacious 2-bedroom, 1-bathroom units downstairs and two 3-bedroom, 1-bathroom units upstairs updated with additional amenities (3rd bedrooms are small bonus rooms with IKEA closets, more suitable as an office). The upstairs units feature convenient in-unit washer and dryer facilities, as well as keyless entry.
  • Each unit is ~1,066 square feet, making for a total building size of 4,262 square feet, excluding the basement. The lot is huge.
  • Unit 4260A is currently utilized as an Airbnb, generating an average income of $1,700 per month.
  • New furnaces and condensers, as well as three new water heaters, installed 2022.
  • Thirty feet of sewer lateral (mostly under basement) replaced with PVC in 2022
  • Roof was recently replaced, with one-half upgraded to TPO in February 2023 and the other half in 2024.
  • Unit 4260 received a near $10k bathroom renovation in 2023

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321 Recently Built Storage Units in Park Hills

Property Basics: 321 recently built storage units located in Park Hills, Missouri, on 4.75 acres (approximately 206,474 square feet).

Diverse Unit Mix: Steel units comprising 69,240 total building square feet, featuring a mix of boat and recreational vehicle storage, a large 60×60 unit suitable for a small business, and a variety of medium and smaller storage units.

Well-Equipped Units: The 60×60 unit is climate-controlled, and the majority of units offer electricity and lighting, ensuring safe storage for a variety of needs.

Modern Amenities: The secure storage facility features Spider Door, an app that allows for easy, remote, contactless leasing and access, with owner and tenant portals.

Passive Income Opportunity: This investment offers a great opportunity for large passive income with minimal management and oversight required.

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Unique Mixed Use Property on the Hill

Rare opportunity to purchase a mixed-use property located in The Hill neighborhood in St. Louis.

  • The Hill is an iconic part of the history of St. Louis which goes back to the 1880’s. The Hill exudes a unique blend of community and style, featuring superb upscale restaurants, trattorias, shops, pizzerias, delis, bakeries, a brewery, and a bocce ball garden.
  • The property is centrally located in a residential neighborhood close to Forest Park, Barnes Hospital, Washington University Medical Center, The Botanical Gardens, and Tower Grove Park.
  • The building comprises a 3,263 square foot residence on the top level with 4 bedrooms and 2 baths. Features include an elevator and a large living room for entertaining. The residence includes a large master with a bath with lots of closet space, a laundry room, an office, a large covered porch in the back, and an attached garage.
  • There are two commercial spaces on the main level including a 1,000 square foot deli.
  • The larger commercial space is a salami manufacturing facility which is 5,007 square feet. The first floor has a food processing room, a cooking room with an oven, refrigeration, a stock room, and storage. Of the 5,007 square feet approximately 2,400 square feet are in the basement which has a drying room, a machine room, a washing room, and coolers.
  • The property has been well maintained and is in great condition. This property would be ideal for someone to occupy the residence and use the commercial spaces downstairs for their business. It would also be a great option for a business to occupy part or all of the building and lease the other spaces out.
  • There is the potential for the residence to be rented as an Airbnb, a medium or long-term rental, an event space, or possibly converted to be part of the commercial space below.
  • There is also the opportunity to live in the residence and lease the two commercial spaces below.
  • The average starting lease price per square foot was $16.78 in 63110 based on 21 recent leases.
  • Please inquire for additional information about the property.

Paying buyers agent 1.5%

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46 Unit Complex with Some Recent Upgrades

Investment Summary:

  1. Property Basics: 46-unit updated apartment complex built in 1960, with all 2-bedroom, 1-bathroom units.
  2. Prime Location: Located close to major highways, with easy access to Lambert Airport and Downtown St. Louis.
  3. Recent Updates: Newer windows, hardwood floors, and updated kitchens, many of which feature granite countertops.
  4. Convenient Amenities: Separate laundry building with coin-operated washers and dryers for tenant use, as well as plenty of parking available.
  5. Spacious Layout: Spread across 13 buildings, the complex offers approximately 27,930 square feet of building space and sits on a lot of approximately 74,331 square feet.
  6. High Occupancy Rate: Currently 100% occupied, indicating strong demand and stability in the complex.

Paying buyers agent 1.25%.

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64 Unit Apartment Complex in Woodson Terrace

Investment Summary:

  1. Property Basics: 64-unit apartment complex in Woodson Terrace, built in 1965.
  2. Prime Location: Located in close proximity to Lambert Airport, the University of Missouri – St. Louis (UMSL), and major employers like Boeing and Emerson.
  3. Unit Mix: 12 one-bedroom units and 52 two-bedroom units, offering a variety of living options to suit different needs.
  4. Recent Upgrades: The buildings have undergone recent updates, including all hardwood and ceramic flooring, all-electric units, pitched roofs, central air, and forced heat.
  5. High Occupancy Rate: Currently at a 92.2% occupancy as of February 2024.
  6. Spacious Layouts: Approximately 46,410 square feet of building space across 9 buildings, situated on a 3.114-acre lot.

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