Built in 1960, this 14-unit apartment complex features recently updated 2-bedroom, 1-bathroom units across three buildings. With strong rental income and recent property upgrades including a new roof and parking lot, this investment offers immediate returns and future growth potential.

• Property Details: Built in 1960, the property has a total of 11,536 square footage across three buildings on a 41,818 square foot lot.
• Value-Add Potential: There is opportunity to significantly enhance property value and cash flow by increasing below-market rents to align with current market rates, coupled with optimizing property management efficiencies for improved operational performance. There is the added potential to reduce or entirely eliminate utility expenses by billing tenants for their usage.
• Unit Details: All 2-bedroom, 1-bathroom units have been recently updated across three buildings.
• Spacious Living: The total building square footage is 11,536, situated on a generous lot of 41,818 square feet or 0.96 acres.
• Recent Upgrades: Significant improvements include a roof less than 5 years old and a newly redone parking lot within the past 2 years.
• Security Features: Safety is a priority, with onsite cameras located at the complex.
• Basements & Laundry: The property includes seven basements, each basement is semi private, with 2 apartments sharing one basement. There are 14 washer and dryer hookups (no machines currently in place).
• Strong Rental Income: The current rents total $8,965/month, with potential for increases.
• Comparable Sale: The nearby 2202 Hord recently sold for $60,000 per unit, with each unit rented at $605 per month. Hord had a gross income of $72,600, while Chambers currently generates $122,220 annually. Chambers benefits from more units, higher rents, and additional rental income potential.

Seize the opportunity to own this fully occupied, cash-flowing property, currently generating $2,035/month with potential for increased rents.

• This solid brick building features central heating and air conditioning in all units, including one newly renovated unit and two long-term tenants.
• Major updates include a new roof and sewer laterals in 2021 and 2024, new appliances, two new furnaces in 2021, a new AC unit in 2023, and a new fence in 2024.
• With its strong return on investment and room for rent growth, this property is a valuable addition to any investment portfolio.
• Offered at a 9% cap rate, with modest rent increases, this can easily exceed a 10% cap rate.

Don’t miss out—make your offer today and capitalize on this outstanding opportunity!

Paying buyers agent 2%.

This brick 4-family is situated between Lafayette Park and the Compton Hill Reservoir in The Gate District, one block off Lafayette Ave where extensive new construction/development has taken place.

• • Updated systems (see photos) include central heating and air conditioning throughout, and newer water heaters.
  • All units have newer kitchens, bathrooms, flooring, paint, etc. Some units have in-unit laundry.
  • Each unit boasts spacious 2-bedroom, 1-bathroom layouts with 1,234 square feet per unit. The upstairs units have a bonus room suitable for a small office space.  All units are fully occupied.
  • Video walkthrough of all four units, basement, and exterior: https://youtu.be/Xz-SGuzXUnk
  • Link to a Google Drive folder with disclosures, rental verification, leases, and other supplemental documents: https://bit.ly/3xYhpTA
  • Unit/property photos: https://bit.ly/3y47OdW
  • Complete 3D scan / virtual tour of unit 2823: https://bit.ly/3UIHm2n

Paying buyers agents 2.7%

Unique 4-family property on South Grand less than a 5-minute walk from the iconic Carondelet Park in South City and across the street from Holly Hills.

• This stucco building encompasses 3,536 square feet on a 5,084 square foot lot.
• Units feature spacious 5 room units including a sunroom off the bedroom in the rear,  and large windows in the living room that let in a lot of light.
• Off-street parking is available for tenants (~4-5 spots, see photos).
• All units have central heating and central AC.
• Basement laundry facilities are available for tenant use.
• Some property and system updates have already been completed.
• Two lower level units are currently occupied with rents set at $860 and $650. The unit rented at $650 is due for a rent increase with the next lease renewal. 
• The two upper level units are vacant and available for viewings. Unit 2N has a lease in process for $1,000/month.
• There is the potential for the units to be converted into 2-bedroom unit layouts by changing the apartment entrance door location.
• Property to be sold as-is.
• See additional property media, including a video walkthrough of the two upper units, the basement, and the building exterior, here: https://photos.app.goo.gl/7FUapr1xAPdN94q29
• A virtual walkthrough tour of unit 2N is available here: https://bit.ly/44W52Ue
• Supplements (leases, disclosures, etc.):  https://bit.ly/3wTAplZ

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.

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.

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.

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.

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.