2-Family In Historic Shaw

Located in historic Shaw, this 2 family is a great opportunity for an investor or owner occupant. The first floor unit, rented at $1050/mo to long term tenants was previously used as an Airbnb rental. This unit has a Murphy bed, original pocket doors and a gas burning fireplace. Washer/dryer hookups are in the basement for this unit. The 2nd floor unit, previously owner occupied, has an open living room with large windows, 2 skylights, gas fireplace, large bedroom, and updated kitchen with name brand appliances. The kitchen has an in-unit stackable washer/dryer. There is a bonus room off the kitchen with built in cabinetry perfect for a home office or possible 2nd bedroom. The backyard has a brick patio with privacy fencing. Off street parking pad for 2 cars in the rear. The large dry basement offers plenty of additional storage space. This property is located 2 blocks to Tower Grove, 1 block to the MO Botanical Garden and within walking distance of coffee shops and restaurants.

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Well-maintained 2-family in Pine Lawn

-Well-maintained 2-family in Pine Lawn available now!

-One unit will be rented out shortly and the other will be kept vacant so this property is a great opportunity for an owner-occupant looking to house hack or ideal for an investor as there is a ton of interest to rent the other side out.

-Both units have 2 bedrooms and 1 bathroom with an eat-in kitchen.

-Freshly painted and newer vinyl flooring runs throughout both units.

-The basement is finished for additional living space and split down the middle so each unit has its own side with private laundry hookups.

-4218 has an additional half bathroom in the basement also.

-Off-street parking with a concrete driveway and a very large backyard for entertaining.

-Welcome to your next property!

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4 Unit Investment Opportunity in the Grove

-Four family located in The Grove is located in The Grove close proximity to Forest Park, Barnes Jewish Medical Complex, Washington University School Of Medicine, St. Louis University, Cortex, University Of Health Science And Pharmacy In St. Louis, The Central West End, Botanical Gardens and Tower Grove Park.

-Built in 1922 with over over 3,000 total sq ft the building consists of 4 one bedroom apartments.

-Current rents are $3,675/mo or $44,100 annualized.

-There is the potential to add value and raise rents in the future – these units rented at market rates could yield $60,000 of gross rental income annually based on rent comparables.

-All tenants are month to month.

-The average rent price in The Grove is $1,669 (provided by rent cafe).

-All units have been updated.

-Would be ideal for an investor or owner occupant.

-Can be purchased with nearby 4 family at 4207 Swan or with 5 other total nearby multi families as part of a package.

-Inquire with the listing agent for more information.

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Rehabbed Quadplex in The Grove

-Four family is located in The Grove in close proximity to Forest Park, Barnes Jewish Medical Complex, Washington University School Of Medicine, St. Louis University, Cortex, University Of Health Science And Pharmacy In St. Louis, The Central West End, Botanical Gardens and Tower Grove Park.

-Built in 1922 with total sq footage of over 3,000 building consists of 4 one bedroom apartments.

-Current rents are $3,680/mo or $44,160 annualized.

-There is the potential to add value and raise rents in the future – these units rented at market rates could yield $60,000 of gross rental income annually based on rent comparables.

-All tenants are month to month.

-The average rent price in The Grove is $1,669 (provided by rent cafe).

-All units have been updated.

-Would be ideal for an investor or owner occupant.

-Can be purchased with nearby 4 family at 4215 Swan or with 6 other total nearby multi families as part of a package.

-Inquire with the listing agent for more information.

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Triplex Investment Opportunity in The Grove

Large 3 family is located in The Grove in close proximity to Forest Park, Barnes Jewish Medical Complex, Washington University School Of Medicine, St. Louis University, Cortex, University Of Health Science And Pharmacy In St. Louis, The Central West End, Botanical Gardens and Tower Grove Park. Built in 1889, the building consists of one 3 bedroom unit and two 2 bedroom units for a total of 7 bedrooms. The 3 bedroom is located on the first level and the two bedroom units are upstairs. There is the potential to add value and raise rents in the future – these units rented at market rates could yield $61,392 of gross rental income annually based on average rent price of $1,658 for 2 beds and $1,798 for 3 bedrooms. Units have updated kitchens and baths, central air conditioning, updated plumbing and electric, hardwood floors and updated lighting. There is common laundry room. Would be ideal for an investor or owner-occupant where you could live in one unit. Seller is a licensee in Missouri.

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3-Unit Property in the Grove

-Large 3 family is located in The Grove in close proximity to Forest Park, Barnes Jewish Medical Complex, Washington University School Of Medicine, St. Louis University, Cortex, University Of Health Science And Pharmacy In St. Louis, The Central West End, Botanical Gardens and Tower Grove Park.

-Built in 1927 this building consists of 2 three bedroom units and one 1 bedroom units for a total of 7 bedrooms.

-Current rents are $3,265/mo or $39,180 annualized.

-There is the potential to add value and raise rents in the future – these units rented at market rates could yield $49,200 of gross rental income annually based on rent comparables.

-The average rent price in The Grove is $1,669 (provided by rent cafe).

-All units are month to month.

-All units have been updated.

-Would be ideal for an investor or owner occupant.

-Can be purchased with nearby 3 family 1210 Newstead or with 6 other total nearby multi families as part of a package.

-Inquire with the listing agent for more information.

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18 Unit Complex in the Grove

Rare opportunity to purchase under-rented 10 and 8-unit multi-family buildings next door to each other in the Botanical Heights neighborhood. 18 total units across 3 buildings. 15 of 18 units are occupied, with current rents below market. 11 units have been updated with 1 in process which will be completed prior to closing. There is the potential to add value and raise rents significantly in the future both as-is and with additional updates. Updated apartments are now leasing for  $725, this would yield $13,050 of gross rental income a month, $156,600 annually based on all tenants as $725.  Rent comps for similar size apartments range from $750-$1,350 depending on amenities and updates. Located in close proximity to Forest Park, Washington University School Of Medicine, St. Louis University, University Of Health Science And Pharmacy In St. Louis, Botanical Gardens and Tower Grove Park. Addresses are 4156 Folsom (10 units) and 4164 Folsom 63110 (8 units). Price Reduced $100,000.

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12 Unit Apartment Complex on Tower Grove

-Rare opportunity in an absolutely prime location across the street from the Botanical Gardens and one building down from Tower Grove Park. 

-This architecturally significant 12 unit building has a mix of 2 and 3 bed units. 

-Current owner has meticulous financials and is currently using 2 units as Airbnb’s with very consistent and strong performance. 

-This building maintains very high demand for both long and short term tenants. 

-Building is fully occupied with well below market rents. 

-6 of the 12 units have been recently updated and the other units were updated approximately 15 years ago. 

-Updated two bedroom apartments in the Shaw neighborhood range from $1,250 to $1445 and 3 beds range from $1,295-$1,800 depending on updates, size and amenities. 

-There have been lots of capex upgrades including HVAC, kitchen/bath finishes, appliances, lots of PVC plumbing, and mostly TPO covered roof.

-Building is professionally managed. 

-An inspection has already been completed and can be supplied with serious interest for a smooth transaction and no surprises.

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Two Family Duplex on Shaw Boulevard

Building is vacant. There are no signs/advertising. Building is sold AS IS. Provide proof of funds and/or pre-approval with offer. School districts to be verified by buyer. Building age and sq ft are estimates (tax records incomplete) and to be verified by buyer.

Massive duplex in desirable Shaw neighborhood. Walking distance to bars/restaurants, Tower Grove Park, & Botanical Gardens. Wonderful fit for owner-occupants looking to supplement their mortgage while living in a great area. 1st-floor unit 2 bed 1 full bath with large kitchen, living room, and foyer/entry area with closet. 2nd-floor unit 3 bed (one of which is small & over stairwell) 1 full bath. Central AC and heat. 1st-floor furnace and condenser replaced August of 2022 with warranty to be registered in new owner’s name (see supplements). PEX plumbing and PVC stacks. All electric. Clean dry basement with laundry hookups. Both units have interior access/stairs to basement. Newer concrete two-car parking pad. Sold AS-IS. Both units currently vacant & available to view. Market rate rent for similar finish/size units approximately $1,495-1,695 potentially covering entire mortgage payment. Property taxes are currently very low at $655/year.

Video walk-through on YouTube see link – https://youtu.be/ECkWyrelpcQ

Appointment-Lockbox, Appt. through MLS, Other Lock Box, Show at Will, Vacant

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16-Unit Opportunity in Florissant

  • Located in historic Old Town Florissant with shopping, dining located in historic buildings.
  • On Rue St. Francois there are annual events and festivals including the Valley of Flowers Festival, Fall Festival and Wednesday night out parties.
  • Florissant has been previously ranked as the #1 best small city to retire in and #2 safest in Missouri.
  • Complex built in 1986.
  • Easy to maintain solid brick building with pitched roof, built on a slab.
  • All apartments have central heat and air conditioning and updated electric.
  • Rents can be raised considerably as is and additionally with minor cosmetic upgrades.
  • Two apartments for rent just rented for $775 in 2 days, the last apartment for rent will be marketed at $800.
  • Rents for similar size 1 bedroom apartments rent as much as $800 nearby.
  • Units have washer/dryer hookups in all units and vinyl windows.
  • Building is a 55+ senior building with many long term tenants.
  • There is shared parking next door in the rear.
  • Located next to a restaurant with seating adjacent to the building.
  • Seller is encouraging offers.

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