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Opportunity to purchase an updated 3-family in The Grove, near Forest Park, The Botanical Gardens, The Cortex, Barnes Hospital, and all the shops and restaurants on Manchester. Spanning 4,164 sqft, this fully renovated building includes a converted spacious 3-bed, 2-bath townhome encompassing over 2,000 sqft. There are also two 1-bed, 1-bath units, each boasting over 1,000 sqft. All units are fully occupied and move-in ready. The building features modern amenities, including updated kitchens with some stainless steel appliances, updated bathrooms, fireplaces, central air, and hardwood floors. Tenants enjoy the benefits of in-unit washers and dryers, a partially fenced-in backyard, a patio, and balconies for the top-floor units. There is also a brick 2-car garage. Ideal for an owner-occupant to live in one of the units. Potential to increase rents in the future, similar 1-bed units avg rent is $1,625 within a mile-and-a-half radius, and comparable 3-bed units avg $2,342 within 3 miles. $699,000 Active

1133 Talmage Avenue St Louis, Missouri

0.317 Acres

This four-family property on Kemper Avenue is located in Southwest Garden, less than a quarter of a mile from Tower Grove Park. This property is part of a six property portfolio that can be purchased individually or together, including four 4 families on Kemper. Built in 1943, the building comprises 2,760 square feet with off-street parking. All units feature 1-beds and 1-baths. The property has been recently updated with modern bathrooms featuring sliding glass doors, tile, and vanities, vinyl windows, and new flooring in the kitchens. The building has some updated electric and plumbing, central heating and cooling with 8-9 year old HVAC systems, hardwood flooring, laundry facilities, and storage units in the basement. A full roof replacement was done in 2021. There is potential to increase rents with similar-sized 1-bedroom apartments within a mile radius average rents at $1,010. Three units have recently been rented, with one unit left vacant for showings. $420,000 Active

4950 Kemper Avenue St Louis, Missouri

0.115 Acres

This four-family property on Kemper Avenue in Southwest Garden is located less than a quarter mile from Tower Grove Park. This property is part of a six property portfolio that can be purchased individually or together, including four 4 families on Kemper. Built in 1942, the building features 1-bedroom, 1-bathroom units, 2,760 square feet, with off-street parking. The property has recently been updated with modern bathrooms featuring sliding glass doors, tile, and vanities, vinyl windows, and new flooring in the kitchens. The building has central heating and cooling, a 3-4 year old roof, and almost all new plumbing and electrical systems. Additionally, the building has hardwood flooring, laundry facilities, and storage units in the basement. There is potential to increase rents with similar sized 1-bedroom apartments within a mile radius averaging rents at $1,010. Three apartments were recently leased, with one apartment left vacant for showings. Virtual tour is available upon request. $420,000 Pending

4946 Kemper Avenue St Louis, Missouri

0.119 Acres

This four-family property on Kemper is located in the Southwest Garden neighborhood, less than a quarter of a mile from Tower Grove Park. This property is part of a six property portfolio that can be purchased individually or together, including four 4 families on Kemper. Built in 1942, the building boasts 2,760 square feet of living space, with off-street parking in the rear. The building is fully occupied, with 1-bedroom, 1-bathroom units updated just four years ago. Updates include modern bathrooms featuring sliding glass doors, tile, and vanities, vinyl windows, and new flooring in the kitchens. The building has updated electric, central heating and cooling, hardwood flooring, laundry facilities, and storage units in the basement. A full roof replacement was done in 2019. There is potential to increase rents in the future, with similar-sized 1-bedroom apartments within a mile radius averaging rents at $1,010. A virtual tour is available upon request. $359,000 Pending

4934 Kemper Avenue St Louis, Missouri

0.119 Acres

This charming 4-family property is located in the sought-after Princeton Heights neighborhood, near both Carondelet Park and Francis Park. Situated near two parks, this property offers a desirable location with easy access to outdoor recreational activities for tenants. Built in 1925, the building boasts 2,970 square feet of living space on a 5,714 square foot lot. The building had a full roof replacement in 2021. The units are designed in a shotgun style, featuring 1-bedroom, 1-bathroom layouts. These apartments are all currently vacant, offering the perfect opportunity to begin updates to the property if desired. The apartments could potentially rent for $872 as-is with a make-ready. With updates, there is the potential to increase rents to $995 or more depending on updates. Similarly sized 1-bedroom apartments within a mile and a half radius have an average rent of $872. $325,000 Pending

4955 Finkman Street St Louis, Missouri

0.131 Acres

This four family on Kemper is located in the Southwest Garden neighborhood, less than a quarter of a mile from Tower Grove Park. This property is part of a six property portfolio that can be purchased individually or together, including four 4 families on Kemper. Built in 1942, the building spans 2,760 square feet. Each unit features 1 bedroom, 1 bathroom, with hardwood floors, and tile in the bathrooms. This building is not currently updated, providing an opportunity for creating equity and higher rents with updates. The electric panels are updated and there is off street parking. One of the four units has HVAC. The building has hardwood flooring, laundry facilities, and storage units in the basement. Similar sized 1-bedroom apartments average rent within a mile radius is $998. Two apartments have been left vacant for showings and potential updates. A virtual tour is available upon request. $275,000 Pending

4930 Kemper Avenue St Louis, Missouri

0.114 Acres

 

 

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