This 4-family is over 4,000 sq. feet with 1,000 sq. feet, 2-bedroom units. The building has updated systems, storage for tenants in the basement, and washer/dryer hookups for the tenants. Three out of the four units have been updated. There is the potential to raise rents in the future with 2-bedroom apartments renting for as much as $1,200 nearby. The building sits across from Marquette Park with a swimming pool, playground, and tennis courts. Can be purchased with 4422 Michigan and 4418 Michigan, for a total of 3 buildings with 12 total units—property to be sold as is.
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Great 2-Family would make a great owner-occupant or investment property with one 2-bedroom and one 3-bedroom unit. This property is located in the desirable Princeton Heights neighborhood. It is close to parks, shopping, restaurants, and other activities. The units have large rooms, nice eat-in kitchens, balconies, central air, 2 car detached garage, PVC plumbing stack, circuit breakers, a clean dry basement with washer and dryer hookups, ceiling fans, ceramic and vinyl plank flooring. Both units are currently vacant but ready to be rented, similar units in the area rent between $1100 and $1300.
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Opportunity to purchase a renovated 4 family in The Grove, one of the most vibrant and desirable neighborhoods in St. Louis. Located within walking distance to Forest Park, Barnes-Jewish Hospital, Washington University Medical School, The Cortex, The Botanical Gardens.
Building underwent renovation including kitchens with granite countertops, updated cabinets, and appliances. Two units have in unit laundry. Each apartment has two-bedroom units. All systems were updated during the renovation including HVAC, electricity, PVC plumbing stacks. Roof was replaced in 2019. A bathroom was just updated with modern updates and shower. There is off-street parking and a fenced backyard with a deck in the back.
Apartments are rented under market rent. There are three units rented at $1,195, $1,295 and $900. Two-bedroom apartments rent for as much as $1,350-$1,900 nearby with an average rent of $1,521 within a mile in the last 12 months. Seller is a licensee in the state of Missouri.
Take the virtual tour: https://my.matterport.com/show/?m=cmLHKjPXkVL
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Opportunity to purchase a renovated 4 family in The Grove, one of the most vibrant and desirable neighborhoods in St. Louis. Located within walking distance to Forest Park, Barnes-Jewish Hospital, Washington University Medical School, The Cortex, The Botanical Gardens, and restaurants and bars on Manchester. Building underwent renovation including kitchens with granite countertops, updated cabinets, and appliances. One unit has in unit laundry. Each apartment has two-bedroom units. One unit will be available for a potential owner-occupant. All systems were updated during the renovation including HVAC, electricity, PVC plumbing stacks. There is off-street parking and fenced backyard with a deck in the back. Apartments are rented under market rent. Two-bedroom apartments rent from $1,350-$1,900 nearby with average rent of $1,521 within a mile in the last 12 months. Can be purchased with 4 family at 4341 Swan next door. Seller is a licensee in the state of Missouri.
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Looking for a great investment property?? This mobile home park sits right off of St. Joe Dr, one of the busiest roads in Park Hills and is less than a mile from Park Hills-Central Middle School. With easy access to the main road, this property has unlimited potential to become a popular spot for anyone looking to reside in a mobile home that is centrally located. There are currently 7 mobile homes on the lot (4 owned by current owner which are included in sale price) and 2-3 available pads depending on the size of the mobile home. Out of the 7 homes, 4 currenty have tenants who recently renewed leases and 3 are vacant. The vacant homes need a light rehab to bring the interior up to date but nothing major. This is a great opportunity for someone who wants to start a real estate investment portfolio or add to an already existing portfolio. Call listing agent for appointments.
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Rare opportunity to own a turn-key, cash-flowing 4 family in the heart of Wentzville.
Tenants love these spacious 1,020 sqft town-homes.
The first floor consists of a living room, spacious eat-in kitchen, powder room and a private deck overlooking Holt High School.
The second floor features 3 bedrooms and 1 full bath.
Each unit has a private, walk-out basement with w/d hookup.
Monthly rents are $5,590 ($67,080 annualized).
All utilities paid by tenants. Newer 50 year roof.
Each town-home is individually parceled and the buyer could potentially sell the units individually to owner-occupants in the future.
Great location minutes from shopping and dining on Wentzville Pkwy and downtown Wentzville.
Don’t miss out, these types of properties do not come on the market often!
100% occupied.
Please do not disturb tenants.
Open House Sunday 2/19 12:00pm – 2:00pm.
Requesting offers by Tuesday 2/21 12:00pm; Review by Tuesday 2/21 6:00pm
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Search the MLS below using the city, postal code, address or listing id of the desired property.
204 Washington St & 1009 Hawthorne St, Desloge MO 63601
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This 16-unit apartment complex located in The Tower Grove East neighborhood has recently been updated.
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Four-family is available in the Kingsway West neighborhood near the Central West End!
Each unit has 2 bedrooms and 1 bathroom.
There is potential for a value add component from raising the rents.
All units were beautifully updated in 2020 with vinyl plank flooring throughout, tile in the bathrooms, and there is new electric (2021), and new plumbing (2020).
This property would be an ideal addition to any investor’s portfolio or an owner occupant.
When fully rented and everyone is paying, this is priced at a 15.6% CAP Rate.
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