Discover a new investment opportunity with this 3,996 square foot four-family property, ideally situated directly across the street from St. Mary’s High School. This value-add property offers the potential for substantial returns. Here’s what makes it special:

1. Prime Location: Located just steps away from St. Mary’s High School, this property enjoys a convenient location in the heart of the community.
2. Income Potential: Currently, two units are occupied with a month-to-month lease, generating $495 in rental income. This presents an immediate revenue stream, and there is potential to increase this rent with additional updates.
3. Vacant Units: Two units are vacant, offering an opportunity for customization and rent optimization. One of these vacant units may require some finishing touches, while the others are ready for a full update to maximize rental income.
4. Rental Market Insights: According to Rentometer, nearby one-bedroom apartments are currently renting for $675 to $850, depending on their level of updates. This data underscores the potential for increased rental income once the units are renovated.
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 value-add 4-family near Tower Grove Park is a great opportunity waiting for the right investor. Here’s why this property stands out:

1. Ideal Location: Located near Tower Grove Park, this property boasts a prime location in South City, offering a strong rental demand.
2. Recent Renovations: One vacant unit has already undergone renovation, and the HVAC systems were updated, while the roof was partially replaced where needed in 2022.
3. Rental Income: Presently, three units are tenant-occupied, generating monthly rents of $725, $465, and $465. With further updates and improvements, there’s the potential to annualize $34,800 in rental income, maximizing your return on investment.
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.

Explore this value-add property near Tower Grove Park. Here’s why this building is a standout opportunity:

1. Ideal Location: Located near Tower Grove Park, this property boasts a prime location in South City, offering a strong rental demand.
2. Renovation Progress: Two of the three vacant units have been in the process of updating since 2022, including updated HVAC systems.
3. Rental Income: Presently, one unit is tenant-occupied, generating $465 per month. The remaining three units are vacant, offering the potential for increased rental income. With further updates and improvements, there’s the potential to annualize $34,800 in rental income, maximizing your return on investment.
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.

Explore the potential of this 4-family property, featuring 1-bedroom, 1-bathroom units. Here’s what makes this building stand out:

1. Ideal Location: Nestled near Tower Grove Park, this property boasts a prime location in South City, offering a strong rental demand.
2. Renovation Progress: Three of the four units have already seen updates or are in the process of renovation in 2022, along with updated HVAC systems. Recent improvements include a new roof installation, as well as the replacement of some doors and windows.
3. Rental Income Potential: Currently, one unit is occupied at $650 per month, with the remaining three units vacant. With additional updates and work, there is potential to annualize $34,800 in rental income.
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 4-family a short walk to Forest Park, Barnes Jewish Hospital, The Cortex, Washington University Medical School, Siteman Cancer Center, and Children’s Hospital.

• Building features updated kitchens with stainless steel appliances including dishwasher, in unit laundry.
• The bathrooms have been updated with modern finishes.
• The building has central heating and air conditioning, a 2 story deck, a fenced backyard, and off street parking.
• The building has a PVC plumbing stack, PEX plumbing, the lateral was replaced, and there is updated electricity and furnaces.
• There is private storage in the basement for each of the tenants.
• The building is comprised of 2 one bed units and 2 efficiency units.
• One unit has been left vacant to show, and for a potential owner occupant.
• The units are currently rented under market rent for $995, $945, 910 a month.
• The average rent of 30 similarly sized 1-bedroom apartments rented within a mile in the last year is $1,557 a month.

Take the virtual tour: https://my.matterport.com/show/?m=cp7HFqUtDtk

Opportunity to purchase 3 connected townhomes located in The Grove in close proximity to Forest Park, Barnes Jewish Medical Complex, Washington University School Of Medicine, St. Louis University, Cortex, The Central West End, Botanical Gardens, and Tower Grove Park.

• This historic building was built with great architectural detail in 1894. Total sq. footage over 4,400 square feet with 3 beds, 2 baths in each Townhome.
• Two units are occupied and one unit is available for a potential owner-occupant.
• The average rent of 9 similar apartments within 1 mile in the last year is $2,377. If all apartments were rented at the average rent of $2,377 the monthly income would be $7,131 a month and $85,572 annually.
• All units have been updated and feature open kitchens with modern cabinets and stainless steel appliances.
• There is a bedroom and full bathroom on the first floor, with two bedrooms, a bathroom, and a living area on the second floor.
• The building has three separate basements with updated systems.

Take the virtual tour: https://my.matterport.com/show/?m=FitJ2xhMXaM

A rare chance to purchase a two-family in a quiet neighborhood on almost 1/3 acre. 3 blocks from Lindenwood University, near the new Schnucks and the St. Charles Historic District.

• A new roof was just installed, the building was just painted, and the vacant unit was just made rent-ready.
• The building has 2 bed, 1 bath units featuring central air conditioning, in-unit full-size washer and dryer hookup.
• The average rent for a 2 bedroom apartment within 2 miles in the last year is $1,141 with the average rent of $1.41 per sq. ft., with apartments renting for $1,105, $1,250, $1,396, $1,500 depending on size and updates.
• One unit left vacant to show and the other unit is occupied month to month by a 12-year tenant below market rent at $850.
• Units are individually metered with tenants paying water, sewer, gas, and electric bills keeping expenses low.

Investment Highlights

• This is a turn-key investment property with recent property improvements.
• All units were updated in 2020 to include:
  • In-unit laundry, modern kitchens with updated cabinets, stainless steel appliances
    (range, dishwasher, refrigerator, microwave), new flooring, lighting, and fans.
  • Bathrooms are updated with new vanities, toilets, flooring, and shower
    systems.
  • 3 units with mini-split heating and cooling. The other 2 units have HVAC.
  • The electric panels and water heaters were also updated when renovated.

Location Highlights

• Located in the desirable 63139 Zip Code.
• Walkable to The Hill, Clifton Heights Park, Sublette Park, and several bars and restaurants.
• Easy access to I-44, Watson, and Hampton.
• Private off-street parking pad for residents.

This four-family is 3,400 sq. feet with large 1 bedroom units. Three out of the four units are updated. This building would be great for an owner-occupant or investor. There is potential to raise rents in these buildings with rents for 1-beds in the area renting from $750-1000. Ideal to purchase with 4418 Michigan next door to have 8 units in one location with the ability to obtain residential financing for each. The property is adjacent to Mt Pleasant Park. Property to be sold as is.

Welcome to this four-family building with 2 bedroom units great for an investor or owner-occupant. The building is 3,400 square feet with units that are approximately 800 square feet. Two units are more updated than the two units with legacy tenants. There is potential to raise rents in the future with additional updates. There are 2 bedroom apartments nearby that rent from $850-$1200. The building sits next door to 4422 Michigan which is also for sale. Located one door down from Mt Pleasant Park. Property to be sold as is.