This well-maintained 6-family property is ideally situated in the desirable Tower Grove South neighborhood, just two blocks from Tower Grove Park. With its proximity to the Park, the property offers residents easy access to outdoor recreational activities, including Food Truck Fridays and the Farmer’s Market.

This 7,392 square feet building was built in 1909 and renovated approximately 12 years ago. The building had a full TPO roof replacement in 2019.

The building is fully occupied, each unit features approximately 900 square feet with 2 beds and 1 bath. Rents for 2 units were recently raised to $1,200 a month, with the another 3 units due for a rent increase in the future.

Similar-sized 2-bedroom apartments within a mile radius have average rent of $1,319. The closest comparable sale is a 6-family that sold at 3721 McDonald 63116. The 5,508-square-foot 6-family sold for $975,000 with 1-bedroom units renting at $1,100.

This 4-family in the Princeton Heights neighborhood has been beautifully rehabbed.

It offers an excellent owner-occupant or investment opportunity with an 8.5% cap rate.

Unit renovations for each unit features:

• In-unit washer and dryers
• 2 bedrooms and 1 bathroom layouts with a bonus area/workspace
• Hardwood floors
• Stained glass windows
• White shaker cabinets
• Stainless steel appliances
• Dishwashers
• All-new kitchens and baths
• All-new PEX water pipes
• New PVC waste pipes
• New 1.5″ water service
• New sewer lateral
• New 100 amp electrical panels
• 2-car detached garage
• New HVAC systems
• New water heaters

Unit 5537 (first floor right side) is vacant for an owner/occupant. The other units are rented for $1,375, $1,425, and $1,425.

Great opportunity for an investor or owner-occupant to purchase this well-maintained 4-family building.

All units are 1 bedroom and 1 bathroom, with approximately 750 square feet of living space. There is potential to raise rents in this building, with rent for 1-bedrooms in the area going for $750-$975.

Some new stainless steel appliances, 3 new water heaters, 2 new electric panels, and 2 new furnace/AC units.

The property is located in Marine Villa, just a few blocks from the popular Cherokee St. Property is to be sold as-is.

This newly updated, brick 4-family building is conveniently located less than a quarter of a mile from Gravois Park and less than a mile away from Tower Grove Park. Recent updates include a new deck, roof, gutters, HVAC systems, and all-new electric panels, as well as new kitchens and bathrooms, some flooring. The property offers two 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units, with three of the four units currently occupied. Contact the owner/agent for a showing.

Discover a unique investment opportunity with this 2-story, 4-family brick building, presenting an ideal project for real estate investors looking to capitalize on rehab potential. While 2 units currently have significant water damage, this property promises a high upside for income, with projected rents ranging from $950 to $1,100 per unit/month post-rehab. Each unit offers the canvas for transformation into a high-demand rental.

Sold as-is, this project is perfect for those ready to invest sweat equity to force appreciation and unlock exceptional returns. Seize the chance to revitalize and reap the rewards of this promising investment. Ideal for visionaries aiming to expand their portfolio and maximize earnings through strategic renovation.

20-unit apartment complex with all brick exterior entrances and a 22-unit storage building available now!

• Unit Mix: The complex includes 14 two-bedroom units and 6 one-bedroom units.
• Storage Building: The 90 x 30 storage building, currently used by the owner, offers various unit sizes and presents an additional income opportunity once rented out.
• Amenities and Utilities: Common laundry facility available for tenant use. Each unit is equipped with all-electric appliances and includes 2+ parking spaces. Tenants are responsible for electricity and water expenses.
• Convenient Location: Situated on the corner of Old Hwy 21 and Konert/Lonedell, just 1 mile from Hwy 141, providing quick access to South County, Arnold, and Gravois Bluffs.

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!

Investment Summary:

1. Property Basics: 46-unit updated apartment complex built in 1960, with all 2-bedroom, 1-bathroom units.
2. Prime Location: Located close to major highways, with easy access to Lambert Airport and Downtown St. Louis.
3. Recent Updates: Newer windows, hardwood floors, and updated kitchens, many of which feature granite countertops.
4. Convenient Amenities: Separate laundry building with coin-operated washers and dryers for tenant use, as well as plenty of parking available.
5. Spacious Layout: Spread across 13 buildings, the complex offers approximately 27,930 square feet of building space and sits on a lot of approximately 74,331 square feet.
6. High Occupancy Rate: Currently 100% occupied, indicating strong demand and stability in the complex.

Paying buyers agent 1.25%.

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:

• A new roof installed and tuck-pointing completed in 2021.
• A 4 car garage with two separate doors.
• PVC stack/lateral throughout- all the way to the street.
• Vinyl windows, updated electric panels, and more (inspection reports available upon request).
• All four units are currently rented, with two units month-to-month providing flexibility for the next owner.
• True one-bedroom units. No units are shotgun/walkthrough/loft style units.
• Washer/dryer hookups provided for each individual unit in the basement.
• Forced air central heat. Ductwork in place for adding condensers for central air. Currently building is cooled with window units.
• Current rents average ~$1.21/sq. ft. There is room to increase rents as-is, or improve finishes to attain rents in/around ~$1.50/sq. ft. or more.
• 3D virtual tour is available for unit 2011A: https://bit.ly/Unit2011A