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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This updated four-family property is located in the desirable Shaw neighborhood, less than 300 feet from the Missouri Botanical Garden—visible from your front steps—and just a 10-minute walk to Tower Grove Park. Fully occupied; Airbnb unit can be viewed as bookings allow. Contact agent to schedule.
Neighborhood Appeal: Shaw is a quiet, sought-after neighborhood in St. Louis, surrounded by green spaces and distinguished Victorian homes. Tenants enjoy close proximity to local cafes, restaurants, and the many amenities offered by the Botanical Garden and Tower Grove Park.
Unit Layouts and Features: The property includes two spacious 2-bedroom, 1-bathroom units on the main level and two 3-bedroom, 1-bathroom units upstairs. The upstairs units include additional amenities like in-unit washer and dryer facilities and keyless entry. The third bedrooms in these units are bonus rooms with IKEA closets, ideal as office spaces. Each unit offers approximately 1,066 square feet of living space, with the total building size at 4,262 square feet (excluding the basement).
Large Backyard and Airbnb: The property boasts an enormous backyard (see photos), providing tenants with additional outdoor space. Unit 4260A is currently utilized as an Airbnb, generating an average income of $2,083 per month.
Recent Updates: The property has undergone significant improvements, including new furnaces, condensers, and three water heaters in 2022. Thirty feet of sewer lateral, primarily under the basement, was replaced with PVC in 2022. The roof was replaced in two phases, with half upgraded to TPO in February 2023 and the remainder in 2024.
Bathroom Renovation: Unit 4260 received a near $10,000 bathroom renovation in 2023, enhancing its appeal and value.
Virtual Tour of 4262: bit.ly/4262_Castleman
Virtual Tour of 4262A: bit.ly/4262A_Castleman
Airbnb listing (4260A): airbnb.com/slink/yNuzBSvi
Supplements (inspections etc): bit.ly/4260Castlemansupp
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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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Rare opportunity to purchase a mixed-use property located in The Hill neighborhood in St. Louis.
Paying buyers agent 1.5%
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Investment Summary:
Paying buyers agent 1.25%.
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Property Basics: 64-unit apartment complex in Woodson Terrace, built in 1965.
Prime Location: Located in close proximity to Lambert Airport, the University of Missouri – St. Louis (UMSL), and major employers like Boeing and Emerson.
Unit Mix: 12 one-bedroom units and 52 two-bedroom units, offering a variety of living options to suit different needs.
Recent Upgrades: The seller has recently made over $500K in updates to the plumbing, concrete, and various unit upgrades. Other recent updates include–all hardwood and ceramic flooring, all-electric units, pitched roofs, central air, and forced heat.
Spacious Layouts: Approximately 46,410 square feet of building space across 9 buildings, situated on a 3.114-acre lot.
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Prime Location in The Grove:
This updated three-family property is near Forest Park, The Botanical Gardens, The Cortex, Barnes Hospital, and the vibrant shops and restaurants on Manchester.
Spacious & Fully Renovated Units:
Spanning 4,164 square feet, this fully renovated building includes a converted 3-bedroom, 2-bathroom townhome encompassing over 2,000 square feet. There are also two 1-bedroom, 1-bathroom units, each boasting over 1,000 square feet. Both 1-bedroom, 1-bathroom units are
currently occupied. The 3-bedroom, 1-bathroom townhome is vacant and move-in ready.
Modern Features & Amenities:
The building features updated kitchens with some stainless steel appliances, updated bathrooms, fireplaces, central air, and hardwood floors. Tenants also enjoy the benefits of in-unit washer and dryer facilities, a patio, and balconies for the top-floor units.
Outdoor Space & Parking:
A brick 2-car garage is located behind the building, along with a very large, partially fenced-in backyard for tenants to enjoy.
Owner-Occupant & Investment Potential:
This property is ideal for an owner-occupant looking to live in one of the units. There is also potential to increase rents in the future, with similar 1-bedroom units averaging rents of $1,508 within a mile-and-a-half radius, and comparable 3-bedroom units averaging $3,736 within three miles.
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Great four-family building in a fantastic location in Southwest Gardens. Right next to Botanical Gardens near Tower Grove Park, just off Interstate 44. Each unit is 1 bedroom, 1 bathroom at 850 sq. ft. each for a total of 3,400 sq. ft.
Other property features include:
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Portfolio of single family homes located in north St. Louis county. The homes are a mix of 3, 2 and 1 bedrooms.
There is the potential to increase rents significantly both as-is and with additional updates.
Average rent for the homes is $899 a month based on similarly sized rental homes with the same bedroom and bathroom count in the same zip codes.
There is also potential to update the homes and sell them retail to owner-occupants in the future.
There are numerous similarly sized updated homes selling for over $100,000 nearby.
There is a management company in place that has been managing properties for 19 years located near the homes, management services can remain in place after the sale if desired.
Most of the homes are located in very close proximity providing ease with maintenance and leasing.
The seller has recently completed several capital expenditure items and completed numerous turnovers when renting to new tenants.
The portfolio to be sold as-is.
Showings will be available with an accepted contract.
Rental comparable information was obtained by rentometer.com.
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