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
Complete 3D Scan / Virtual Tour of Unit B: https://my.matterport.com/show/?m=tmc59okZEz2
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Prime investment opportunity with strong rental demand and potential for increased income.
Property Overview:
Building Features:
Unit Upgrades:
All units have received significant updates:
Full Renovations (Units 3537-09, 3537-10, and 3541-09):
Building Improvements:
Plumbing & Safety Features:
Potential Rent Increases:
Additional Features:
Virtual Tours Available:
The seller will be reviewing offers at 2 p.m. Friday, October 25th.
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Prime Rehab Opportunity: This single-family home is perfect for investors seeking a fix-and-flip or rental property with significant equity potential.
Multiple Exit Strategies: Offers flexibility for either a quick flip or long-term rental with strong returns.
Ideal for BRRRR Strategy: A great candidate for Buy, Rehab, Rent, Refinance, Repeat, unlocking cash flow and appreciation.
Pride of Ownership: Located on a well-maintained block, reflecting a community that cares.
Desirable North County Location: Close to major highways, amenities, and anchored by the popular Pasadena Hills neighborhood and University of Missouri St. Louis.
High Rental Demand: Local rental market is strong, with potential rents over $1,300/month.
Renovation Started: Much of the hard work is done—just add your finishing touches to bring this ranch back to life.
Strong Comparable Sales: Recent area sales of up to $161,000 (within 1/4 mile) and $169,000 (within 1/3 mile) underscore this property’s value.
Property to be sold as-is. Seller to make no repairs.
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Rare opportunity to acquire a portfolio of 12 single-family homes, all concentrated within the desirable 63137, 63134, and 63042 zip codes. This portfolio offers an excellent blend of stability, income, and future upside potential, making it ideal for both seasoned investors and those new to real estate investing.
Strategic Location: The portfolio includes 9 homes in the 63137 zip code, 2 in the 63134 zip code, and 1 in the 63042 zip code, all within close proximity to each other, simplifying management and oversight.
Spacious Layouts: Each home features a minimum of 3 bedrooms and 1 bathroom, with one standout property at 6947 Midwood offering 5 bedrooms and 2 bathrooms, appealing to a wide range of tenant profiles.
Income-Producing: 11 of the 12 homes are currently leased to qualified tenants, ensuring immediate and consistent rental income from day one.
Recent Upgrades: The current owners have invested approximately $180,000 into capital improvements and updates including roofs, driveways, water heaters, landscaping, appliances, flooring, bathroom and kitchen remodels since 2022. This reduces operational headaches and allows for a smooth ownership transition.
Long-Term Value: A savvy investor could continue leasing these homes for years, capitalizing on steady income, and then sell individual properties to owner-occupants at a premium for top dollar.
Value-Add Potential: Significant upside exists by increasing rents to the market value, potentially boosting gross monthly income to over $10,000. There is the added potential to convert all houses to Section 8 tenants for a rental income boost, with an upside of over $18,000/month.
Seller will be reviewing offers October 8th at 12:00pm. Please include a response time of October 9th at 12pm.
Paying buyers agent 1.5%
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Updated brick duplex in South City’s Princeton Heights, just half a mile from Christy Park, offers two distinct units with lots of character.
Paying buyers agent 2.5%
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This 1708 square foot office building is in a great location for your business.
Paying buyers agent 2%.
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Rare opportunity to purchase a mixed-use property located in The Hill neighborhood in St. Louis.
Paying buyers agent 1.5%
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Investment Summary:
Paying buyers agent 1.25%.
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