5516 S. Grand Blvd., St. Louis, MO 63111
$159,000 (Listed Sold)

Promising Four-Family with Steady Income

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Invest in St. Louis

Explore the potential of this promising 4-family property, featuring 1-bedroom, 1-bathroom units. Here’s what makes this property a compelling investment opportunity:

  1. Steady Rental Income: Currently, three out of four units are occupied with dependable month-to-month leases, each generating $565 in rental income. This consistent cash flow provides a solid foundation for your investment.
  2. Rent Growth / Market Insights: There is room to increase rents in the future, boosting your rental income as you make improvements to the property. According to Rentometer, nearby 1-bedroom apartments are currently commanding rents between $775 and $1,100, depending on the extent of updates.
  3. Package Deal Opportunity: This property can be purchased individually or as part of a larger portfolio of other four-family properties in South City. Inquire for additional information on portfolio options.
  4. Sold As-Is: The property will be sold as-is, allowing you to make renovation decisions that align with your investment strategy.

Property Location

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Property Details:
Square Footage: 5708 County: St. Louis City Units: 1-4 Condition: N/A Occupancy: Some Units Vacant Parking: Off Street Parking Heating: Gas Heat Cooling: Central Electric Construction: Brick Basement: N/A
Home Amenities:
  • Fridge
  • Stove
  • Carpet
Agent Details:
Agent: Dan Hartzke Phone: 314-706-0324 Fax:
Contact Agent: Please use the form below to contact agent Dan Hartzke about this listing.

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