Maintained Four-Family in Soulard For Sale

Features:

  • This large 4100 Sq ft four family was built in 1890 and features two 2 bed/1.5 bath townhouse units.
  • Townhouse units feature open floor-plan, fireplaces, in unit laundry and sky-lights.
  • The other two units are 1 bed 1 bath.
  • Great views of Soulard and the Arch from the back yard.
  • Blocks from downtown St. Louis and walking distance to Lafayette Square and the farmers market.
  • Building has been well maintained, roof was refurbished with a rubber membrane 5 years ago.
  • Features pvc plumbing and updated electric panels in all units.
  • Property has off-street parking in the rear of the building and there are large open lots on the side of the building and behind it.
  • There is a security door in the rear entrance of the building near the parking lot.
  • Perfect for owner occupant or investor.
  • Property is currently owner occupied and has long term tenants paying under market rent.
  • The one bedrooms are rented month to month at $525 and $400. The 2 bedroom is rented for $750.
  • Market rent for the one bedroom is $550 and 2 bedroom $800.
  • Potential gross monthly rent is $2,700 a month and 32,400 annually.

Monthly Expenses:

Trash/Water: $78.00/month
Sewer: $55.00/month
Insurance: $250.00/month
Taxes: $204.00/month

Total Monthly Expenses: $587.00/month

Please do not disturb tenants, they are unaware of sale.

Asking Price: $224,000

Paying buyers agents 2.7%

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Well-Maintained 4-Family & 2-Family For Sale

-These properties can be purchased as a package or individually.  The seller is willing to work with a buyer on price for a package deal.

3300 Keokuk 63118

-Well maintained 3,780 sq ft four family that has new tuck-pointing, hardwood floors, built in sliding door, a large open kitchen that opens onto a two story deck.
-Rents are currently $425,$400,$400 with one unit previously rented for $425
-All new tenants rents are $425
-Fully rented this building generates $1700 a month.
-All four units have current occupancy permits in place.

Asking Price $69,900

3224 Taft 63111

-Huge 3,192 Sq ft two family with 3 bed units
-Would be ideal for an owner occupant or investor.
-Units are currently rented month to month below market rent for $600 each for a total of $1200.
-Building features lots of beautiful original woodwork and large full basement which is great for storage.

Asking price $59,900

-Both properties being sold as-is. Properties can be purchased together for $149,800.

Paying buyers agents 2.7%

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Wholesale 2 Bed, 1 Bath Single Family

This centrally located single family home is walking distance to the Maplewood business district, close to Forest Park and highway 44 & 40. The home has 4 rooms and large fenced backyard. Features include central air with newer condenser, updated electric, pvc plumbing, and a newer furnace. Home needs cosmetic updates including updated bath and kitchen, paint, flooring. Recent comparable sales of similar sized frame homes within a half mile have sold from $82,000-$98,000.

 

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Wholesale Move-In Ready Single Family

Features:

  • This 2 bed, 1 bath home is move in ready and would make a great starter home or rental.
  • Market rent in the neighborhood is $850-$900
  • Home features 5 rooms on the first floor with first floor laundry and large open kitchen.
  • The second floor has a finished bedroom and additional unfinished space.
  • There is a room on the first floor that could be used as a third bedroom.
  • Home has central air and new paint, carpet, flooring and updated kitchen and bath.
  • Located just one block from Tilles Park, has a large shaded back yard.
  • Home is approximately 1,172 sq. ft. which does not include the second floor. All appliances are included in the sale. Price $64,900Paying buyers agents 2.7%

Recent frame comparable sales in the area: 

Address                      Sale Price        Bed/Bath               Sq. Ft.

 

5624 Arthur Ave         $106,999                2/1                    1,082

2164 Esther Ave         $112,500                2/1                    1,128

6030 Odell                  $117,900                2/1                    1,008

5836 Columbia Ave     $119,000                2/1                    1,186

7039 Oleatha Ave       $125,000                2/1                    1,012

6584 Bradley Ave       $134,000                2/1                    1,053

2720 Bennett             $135,000                2/1                    1,191

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Beautiful Turn-Key South City 4-Family

Opportunity to own a fully rented turn-key 4 family that underwent a 2010 full renovation. The renovation included new electric, plumbing, flooring, windows, rubber roof, decks, dishwashers, stoves, and fridges. In addition there are new cabinets, toilets, sinks, tile back splashes and showers. There are two separated walk out basements with washer/dryer hook ups and lots of room for storage. Renovation included new water service, front and rear doors, kitchens are all wired for over the range microwaves. New concrete was added all around and front stairs 2012. There are also 4 parking spots for off street parking in the rear of the building. Rents for the building are $520, $495, $485, $495 for a total monthly collection of $1,995.00, generates $23,940.00 gross rent annually. Return on investment after fixed expenses is 15%. Current management can stay in place if buyer is interested. This one won’t last!

 

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South City Turn Key Investment – 8 Units

Very Attractive 8 Unit South City Multi-Unit Investment Property
Features:
8 large one bedroom units
Hardwood flooring throughout
Ceramic tile in updated kitchen/baths
Central air and forced heat
New plumbing, electric and windows
Rents are $550 each.
A great opportunity for the savvy investor!
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2/2 Mardel Properties – Buy Separate / As a Lot

Features:

  • Completely renovated: new roof, thermal windows, kitchen, baths, plumbing, electric, and HVAC.
  • Ceramic flooring and tub surround
  • Hardwood floors
  • Rents are $450 month to month, excellent tenants, neighborhood market rents could support up to $535
  • Stain glass windows
  • Central air
  • Balconies
  • Large 1 bedroom and 1 bath

This is an attractive, cash-generating turnkey investment property that will sell fast – Don’t miss your chance!

Expenses:

Taxes – $1751
Insurance – $713
Sewer – $891
Trash – $528
Water – $902
================
Total: $4785

Asking $159,900

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1/2 Mardel Properties – Buy Separate / As a Lot

Features:
-Completely renovated: new roof, thermal windows, kitchen, baths, plumbing, electric, and HVAC
-Ceramic flooring and tub surround
-Hardwood floor
-Balconies
-Large 1 bedroom and 1 bath
-Rents are $450 month to month, excellent tenants, neighborhood market rents could support up to $535.
-Stain glass windows
-Central air

This is an attractive, cash-generating turnkey investment property that will sell fast – Don’t miss your chance!

Expenses:

-Taxes $1664
-Insurance $693
-Sewer $891
-Trash $528
-Water $902
======================
Total: $4678

Asking $179,900

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University Park 2-Family with Finished Basement

Property Features -Large 2348 Sq ft 2 family with spacious 3 bed 2 full bath units. -There is a finished basement with three rooms and a bath and are being used for storage, washer-dryer and a workout room not included in the square footage. -Located on a quiet street in University Park Neighborhood in University City. -This building was built in 2001 and has been very well maintained. -Each unit has 5 rooms with an open floor plan with gleaming hardwood floors, lots of cabinet and counter-top space in the kitchens. -Perfect for an owner occupant or investor, live in one unit and have the tenant pay the mortgage! -2nd floor unit is currently rented for $1,275, first floor is vacant but was recently rented for $1,275. -With both units rented income potential of $2,550 a month and $30,600 annually! Asking Price $319,000 Paying Buyer’s agents 2.7%

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Large 1928 SF Rehabbed Turn Key 2 Family

-Check out this large 1928 Sq ft fully rehabbed turnkey 2 family.
-Building features new kitchens and baths in each unit.
– Newer roof, pvc plumbing, sub floors and carpet, furnaces,
central air and water heaters.
-Easy access to I-55 and walking distance to Carondelet Park.
-Perfect for owner occupant or investor
-2nd floor is true 2 bed unit that rents out for $650
-1st floor is rented out for $625
-Fully rented building generates $1,275 a month and $15,300 annually.
-Priced to sell at $84,900

Jordan Schoen Is A Licensed Broker In The State Of Missouri

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