Promising Four-Family with Steady Income

Explore the potential of this promising 4-family property, featuring 1-bedroom, 1-bathroom units. Here’s what makes this property a compelling investment opportunity:

  1. Steady Rental Income: Currently, three out of four units are occupied with dependable month-to-month leases, each generating $565 in rental income. This consistent cash flow provides a solid foundation for your investment.
  2. Rent Growth / Market Insights: There is room to increase rents in the future, boosting your rental income as you make improvements to the property. According to Rentometer, nearby 1-bedroom apartments are currently commanding rents between $775 and $1,100, depending on the extent of updates.
  3. Package Deal Opportunity: This property can be purchased individually or as part of a larger portfolio of other four-family properties in South City. Inquire for additional information on portfolio options.
  4. Sold As-Is: The property will be sold as-is, allowing you to make renovation decisions that align with your investment strategy.

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Fully Upgraded Duplex in South City

Welcome to this newly renovated and fully occupied duplex, where each unit offers a spacious and modern 3-bedroom, 2-bathroom layout. Here’s why this property stands out:

  1. Fully Renovated: These well-appointed units have been thoughtfully upgraded with stainless steel appliances in the kitchens and renovated bathrooms, ensuring a comfortable living space. Including fresh paint, new flooring, and updated fixtures throughout make this duplex truly move-in ready, saving you the hassle of renovations.
  2. Major System Upgrades: The real gem of this property lies in the major system upgrades made in 2023, including HVAC, hot water tank, windows, electric, and plumbing – ensuring worry-free living for years to come.
  3. Rental Income: Both units are currently rented out. Similar apartments nearby rent for as much as $1,735 to $2,200 depending on size, updates and location.

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Mt. Pleasant Four-Family with Untapped Potential

This brick 4-family property, boasting all 1-bedroom units and a total of 3,726 square feet, is brimming with untapped potential. Here’s what sets this property apart:

  1. Ideal Location: This property is located in the Mt. Pleasant Neighborhood near Carondelet Park.
  2. Investment Opportunity: With one of the four units already in excellent condition, commanding a monthly rent of $675, this property offers immediate income. After some updates, comparable units nearby rent for $800 which could result in an annualized potential income of $38,400.
  3. Comparable Sales: Recent sales of neighboring 4-family properties have ranged from $255,000 to $365,000, depending on size and updates. This reflects promising market potential.
  4. Package Deal Opportunity: This property can be purchased individually or as part of a larger portfolio of other four-family properties in South City. Inquire for additional information on portfolio options.
  5. Sold As-Is: The property will be sold as-is, allowing you to make renovation decisions that align with your investment strategy.

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Dutchtown Four-Family Ready for Renovations

This building has been demoed and now stands as a blank canvas ready for your vision. This unique opportunity holds tremendous potential for those looking to shape the future of this property. Here’s why this property is worth your attention:

  1. Ideal Location: The building is located in Dutchtown near St. Mary’s High School, just a short drive to Tower Grove Park, St. Louis University, and Downtown St. Louis.
  2. Creative Freedom: With the building cleared and prepared for redevelopment, you have the creative freedom to transform it according to your vision and investment strategy.
  3. Promising Upside: The property offers substantial upside potential, with nearby four-family properties fetching prices as high as $380,000. This demonstrates a strong market demand in the area.
  4. Rental Potential: In the vicinity, the average rent for 1-bedroom units is $720, with some 1-bedroom units renting for as much as $899. According to Rentometer, nearby one-bedroom apartments are currently renting for $675 to $850, depending on their level of updates.
  5. Package Deal Opportunity: This property can be purchased individually or as part of a larger portfolio of other four-family properties in South City. Inquire for additional information on portfolio options.
  6. Sold As-Is: The property will be sold as-is, allowing you to make renovation decisions that align with your investment strategy.

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Blank Canvas Four-Family with Great Income Potential

This 4-family brick property, featuring all 1-bedroom units and encompassing 3,400 square feet, is a goldmine of opportunity. Here’s why this property stands out:

  1. Ideal Location: Located just south of the Tower Grove South neighborhood, the property is about 1 mile from Tower Grove Park and near the Botanical Gardens, St. Louis University Hospital, and St. Louis University Medical School.
  2. Blank Canvas: All units are currently vacant, offering a blank canvas for immediate updates, making it an ideal investment opportunity for those seeking a value-add investment property.
  3. Rental Potential: With updates, similar units nearby are renting for $725 per month, which can be annualized to $34,800. This presents great potential for rental income.
  4. Comparable Sales: Recent sales of neighboring 4-family properties have reached $375,000 and $435,000, showcasing the promising market potential in the area.
  5. Package Deal Opportunity: This property can be purchased individually or as part of a larger portfolio of other four-family properties in South City. Inquire for additional information on portfolio options.
  6. Sold As-Is: The property will be sold as-is, allowing you to make renovation decisions that align with your investment strategy.

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Value-Add Property South of Anheuser-Busch

This brick 4-family property, featuring all 1-bedroom units and spanning 3,190 square feet, is a great opportunity waiting for the right investor. Here’s why this property stands out:

  1. Ideal Location: This property is located just south of the iconic Anheuser-Busch Brewery and Downtown St. Louis.
  2. Prime Investment: With some updates already in place, this property offers tremendous value-add potential. Basic updates throughout could push rental income to match the average rent comparables nearby, currently at $720 per month, annualizing at $34,560.
  3. Comparable Sales: Recent sales of nearby 4-family properties have ranged from $250,000 to $370,000, depending on size and updates. This reflects promising market potential.
  4. Package Deal Opportunity: This property can be purchased individually or as part of a larger portfolio of other four-family properties in South City. Inquire for additional information on portfolio options.
  5. Sold As-Is: The property will be sold as-is, allowing you to make renovation decisions that align with your investment strategy.

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Spacious Four-Family With Some Updates

This 5,100 sq-ft 4-family property boasts spacious 2-bedroom, 1-bathroom units. Here’s why this investment deserves your attention:

  1. Recent Updates: Two units have recently undergone renovations, enhancing their appeal to tenants and reducing immediate renovation expenses. A new roof was installed in 2021.
  2. Steady Rental Income: Three out of four units are currently occupied, providing a reliable source of income. Rents are currently $725, $565 (month-to-month lease), and $725, ensuring consistent cash flow.
  3. Market Insights: According to Rentometer, nearby 2-bedroom apartments command rents ranging from $825 to $1,550, depending on the extent of updates.
  4. Package Deal Opportunity: This property can be purchased individually or as part of a larger portfolio of other four-family properties in South City. Inquire for additional information on portfolio options.
  5. Sold As-Is: The property will be sold as-is, allowing you to make renovation decisions that align with your investment strategy. An inspection report is available upon request.

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Value Add South Grand Four-Family

Discover a new investment opportunity with this 3,996 square foot four-family property, ideally situated directly across the street from St. Mary’s High School. This value-add property offers the potential for substantial returns. Here’s what makes it special:

  1. Prime Location: Located just steps away from St. Mary’s High School, this property enjoys a convenient location in the heart of the community.
  2. Income Potential: Currently, two units are occupied with a month-to-month lease, generating $495 in rental income. This presents an immediate revenue stream, and there is potential to increase this rent with additional updates.
  3. Vacant Units: Two units are vacant, offering an opportunity for customization and rent optimization. One of these vacant units may require some finishing touches, while the others are ready for a full update to maximize rental income.
  4. Rental Market Insights: According to Rentometer, nearby one-bedroom apartments are currently renting for $675 to $850, depending on their level of updates. This data underscores the potential for increased rental income once the units are renovated.
  5. Package Deal Opportunity: This property can be purchased individually or as part of a larger portfolio of other four-family properties in South City. Inquire for additional information on portfolio options.
  6. Sold As-Is: The property will be sold as-is, allowing you to make renovation decisions that align with your investment strategy.

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Multi-Family Near Tower Grove Park

This value-add 4-family near Tower Grove Park is a great opportunity waiting for the right investor. Here’s why this property stands out:

  1. Ideal Location: Located near Tower Grove Park, this property boasts a prime location in South City, offering a strong rental demand.
  2. Recent Renovations: One vacant unit has already undergone renovation, and the HVAC systems were updated, while the roof was partially replaced where needed in 2022.
  3. Rental Income: Presently, three units are tenant-occupied, generating monthly rents of $725, $465, and $465. With further updates and improvements, there’s the potential to annualize $34,800 in rental income, maximizing your return on investment.
  4. Package Deal Opportunity: This property can be purchased individually or as part of a larger portfolio of other four-family properties in South City. Inquire for additional information on portfolio options.
  5. Sold As-Is: The property will be sold as-is, allowing you to make renovation decisions that align with your investment strategy.

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Dutchtown Four-Family With Value-Add Potential

Explore this value-add property near Tower Grove Park. Here’s why this building is a standout opportunity:

  1. Ideal Location: Located near Tower Grove Park, this property boasts a prime location in South City, offering a strong rental demand.
  2. Renovation Progress: Two of the three vacant units have been in the process of updating since 2022, including updated HVAC systems.
  3. Rental Income: Presently, one unit is tenant-occupied, generating $465 per month. The remaining three units are vacant, offering the potential for increased rental income. With further updates and improvements, there’s the potential to annualize $34,800 in rental income, maximizing your return on investment.
  4. Package Deal Opportunity: This property can be purchased individually or as part of a larger portfolio of other four-family properties in South City. Inquire for additional information on portfolio options.
  5. Sold As-Is: The property will be sold as-is, allowing you to make renovation decisions that align with your investment strategy.

Search The MLS

Search the MLS below using the city, postal code, address or listing id of the desired property.

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