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.

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.

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.

Opportunity to purchase a renovated 3 family in The Grove. Located across the street from a park, near Forest Park, Barnes-Jewish Hospital, Washington University Medical School, The Cortex, and The Botanical Gardens.

This 3,652 sq. ft. building has a recently renovated 1,800+ sq. ft. 2-story townhome with 3 beds and 1.5 baths. Features include an updated kitchen with stainless steel appliances, updated bathrooms, a fireplace, central air, hardwood floors, a fenced backyard, and off-street parking. Perfect for owner occupancy or for an investor. There are also 2 one-bedroom units with one unit rented for $1,195 and $995.

The potential income is over $50,000 annually if fully rented. Average rent for similar size townhomes within a mile in the last year is $2,304 and the average rent for a similar size 1 bedroom is $1,402. There are two separate basements, the east basement has a bathroom with a shower, and two partially finished rooms.

Take the virtual tour: https://my.matterport.com/show/?m=xLoqix8ZGs9

Unique well-maintained 4,032 sq ft four family building located in Benton Park. Walkable to Benton Park, Lafayette Square, Blue City Deli with easy access to highway 44. Building features two 2 bedroom units and two 1 bedroom units. Three units are currently occupied; the 1 beds are currently rented for $500 and $475, the 2 bed is rented for $700. With updates the 1,200 sq ft 2 bedroom units could potentially rent for $975 and the 1 beds for $600 for each. Fully rented with updated units the gross monthly income could be $3,250 a month and $39,000 annually. Building has updated systems including electrical panels, HVAC, plumbing, central air. The property includes a landscaped courtyard and area for potential off-street parking.

Expenses:
Water/Trash $1,400
Sewer $840
Maintenance $4,000
Insurance $1,816
2019 Taxes $2,857
Total $10,913

Paying buyers agents 2.70%