Fully-Occupied Four-Family with Modern Upgrades

Property Overview: This fully leased four-family building in Affton features all 2-bedroom, 1-bath units, generating a total monthly rental income of $3,875, or $46,500 annually. Relative to four families further in the city, multi-family buildings in this area are young with brick in great condition, as well as an A-frame pitched roof with shingles for low maintenance and extended life. The neighborhood is quiet & low-key, with well kept landscaping throughout.

Unit Features: Each unit is 832 square feet, with a combined building square footage of 3,328. The lower-level units have hardwood flooring, while the upper units are carpeted. All units include modern upgrades such as granite countertops, stainless steel appliances, and cherrywood-finished cabinetry – “A” level finishes relative to the area. This should allow for top level market rate rents for the foreseeable future without making any major upgrades.

Utilities & Appliances: The building is equipped with central heating (gas forced air) and electric condensers for cooling. No systems are ancient and all are in good working order. All windows are upgraded to durable vinyl.

Tenant Amenities: Community laundry is available in the basement for tenant use. Additionally, the property offers two 2-car garages with power doors, alongside on-street parking options.

Video Walkthrough of Common Areas and Exterior: https://youtu.be/tQt16gfZTDw

Link to a Google Drive folder with Disclosures, Rental Verification, Leases, and Other Supplemental Documents: bit.ly/9546HydeParkSupp

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Fully-Occupied, Income-Producing 3-Family

Seize the opportunity to own this fully occupied, cash-flowing property, currently generating $2,035/month with potential for increased rents.

  • This solid brick building features central heating and air conditioning in all units, including one newly renovated unit and two long-term tenants.
  • Major updates include a new roof and sewer laterals in 2021 and 2024, new appliances, two new furnaces in 2021, a new AC unit in 2023, and a new fence in 2024.
  • With its strong return on investment and room for rent growth, this property is a valuable addition to any investment portfolio.
  • Offered at a 9% cap rate, with modest rent increases, this can easily exceed a 10% cap rate.

Don’t miss out—make your offer today and capitalize on this outstanding opportunity!

Paying buyers agent 2%.

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Unique Mixed Use Property on the Hill

Rare opportunity to purchase a mixed-use property located in The Hill neighborhood in St. Louis.

  • The Hill is an iconic part of the history of St. Louis which goes back to the 1880’s. The Hill exudes a unique blend of community and style, featuring superb upscale restaurants, trattorias, shops, pizzerias, delis, bakeries, a brewery, and a bocce ball garden.
  • The property is centrally located in a residential neighborhood close to Forest Park, Barnes Hospital, Washington University Medical Center, The Botanical Gardens, and Tower Grove Park.
  • The building comprises a 3,263 square foot residence on the top level with 4 bedrooms and 2 baths. Features include an elevator and a large living room for entertaining. The residence includes a large master with a bath with lots of closet space, a laundry room, an office, a large covered porch in the back, and an attached garage.
  • There are two commercial spaces on the main level including a 1,000 square foot deli.
  • The larger commercial space is a salami manufacturing facility which is 5,007 square feet. The first floor has a food processing room, a cooking room with an oven, refrigeration, a stock room, and storage. Of the 5,007 square feet approximately 2,400 square feet are in the basement which has a drying room, a machine room, a washing room, and coolers.
  • The property has been well maintained and is in great condition. This property would be ideal for someone to occupy the residence and use the commercial spaces downstairs for their business. It would also be a great option for a business to occupy part or all of the building and lease the other spaces out.
  • There is the potential for the residence to be rented as an Airbnb, a medium or long-term rental, an event space, or possibly converted to be part of the commercial space below.
  • There is also the opportunity to live in the residence and lease the two commercial spaces below.
  • The average starting lease price per square foot was $16.78 in 63110 based on 21 recent leases.
  • Please inquire for additional information about the property.

Paying buyers agent 1.5%

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