This home located in a great location in Dogtown and is just a short walk to Forest Park. This 1152 sq ft home has 2 beds and 1 bath and features hardwood floors and a large fenced back yard. The home is vacant and would be great for a fix and flip, or for someone looking for a home with sweet equity potential. The home was recently leased for $895 a month with the tenant paying all utilities and it wouldn’t take much to make rent ready. Similar sized homes is the area have recently sold from $85k-125K. There is a slight lean to the house which is reflected in the asking price although the house is structurally sound and there is paperwork from a structural engineer to verify that it is structurally sound. Property to be sold as-is.

Paying Buyer’s Agent 2.7%

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• Located a half mile from Forest Park between highway 40 and I-44 this property is highly visible on Hampton Ave. which sees 30,000 cars per day.
• Features 4 private offices, large open room with 5 cubicles, 2 bathrooms, a break room, a conference room and a large open warehouse area in the rear.
• This turn-key and move-in ready property is 3800 sq ft and has 16 parking spots in the rear.
• Would be an ideal space for a construction company or any trade that requires a warehouse or storage.
• Zoned residential but commercially assessed- potential for live/work.  Also a potential creative space with tall ceilings, concrete floors and over-sized windows.
• The warehouse could also be used as additional office space.
• Lease rate is $10 per foot annually which equals $3,000 per month. Based off that income the property would generate $36,000 net annually and a 12.5% cap rate.

Asking Price – $289,000
Paying Buyers Agents 2.7%

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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-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%

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!

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
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Total: $4785

Asking $159,900

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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
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Total: $4678

Asking $179,900

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