Great Rehab Opportunity in the Shaw Neighborhood

Great rehab opportunity in the sought after Shaw neighborhood. This 4 family on a quiet tree lined street is just blocks from Tower Grove Park and is directly across the street from Juniata Park. The building features lots of turn of the century curb appeal along with original fireplaces in all of the units, and feature large 1 bedroom units. One unit is currently rented and the rest are vacant. The building has updated electric and plumbing and off street parking along with a fenced back yard. Recent similar buildings in the neighborhood after being rehabbed sell between $200-235K, with market rents for the units after updating going for approximately $600 per unit. Property to be sold as-is.

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Updated Turn Key 4 Family For Sale

Updated turn key 4 Family for sale blocks from Shaw Park and downtown Clayton! Building features large 1000+ square foot 2 bedroom condo style units with an open floor plan. Entire building was renovated from top to bottom from 2004-2006 including being converted to an all electric building. During the rehab all of the kitchens and bathrooms were replaced and updated. All floors, 50 windows, HVAC, electric, gutters and downspouts were all replaced. There are also individual washer/dryer hookups and storage units for each tenant. There is a 4 car garage and office with bathroom and shower in the basement. The owner occupies one unit, the other 3 units are rented below market rent for $875 each, market rent being $1000 a month. This very low maintenance building is ideal for an owner occupant who wants to live in Clayton and have 3 units pay the entire mortgage. Could be purchased with as little as 3% down payment with FHA financing and has potential for condo conversion.

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Rehab a Large 4-Family Near Cherokee Street

Opportunity to rehab a large four family just one block from all of the shops and restaurants on Cherokee Street and walking distance to Benton Park and the antique district. Each unit is approximately 900 sq ft and has a large garage in rear of building. Property to be sold as-is.

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Professionally Managed Four-Family For Sale

Check out this four family for sale that has been well maintained and professionally managed. Building features newer vinyl windows, updated electric, has two newer furnaces, roof and laminate floors are in good condition. There also is fenced in off street parking. 3 out of the 4 units are currently rented at $350, $340, $325 with the last unit vacant to show. The current management company is open to continuing to manage the building if desired. This is a low maintenance investment that will provide great cash flow. Fully rented this building grosses over $16,000 a year.

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Large Brick 2-Family Near Lindenwood Park

Large brick 2 family for sale located just 2 blocks from Lindenwood Park. Located on a street with predominately single family homes this building sits on a large corner lot with a garage and a good size fenced yard with covered decks and a patio. Each unit is 1175 square feet and features hardwood floors, central air, each with two beds and large separate living room and dining room with fireplace. The first floor unit has been recently renovated and updated with new kitchen cabinets, granite counter tops and tile work, stainless steel appliances, fixtures and hardware. The bathroom was also recently remodeled. The first floor is vacant and would be ideal for an owner occupant who would live in one unit and have the tenant pay the mortgage. The second floor is currently rented for well below market rent $650 a month. The basement has separate storage and laundry for each unit and the plumbing and electric has been updated. Potential to convert to a large 4 bed 2 bath single family.

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