3856 Eichelberger St, St. Louis, MO 63116
$167,500 (Listed Sold)

Ranch Style 4-family in Bevo Mill

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Invest in St. Louis

Ranch style 4-family in Bevo Mill, 2 Bedrooms, 1 Bath each unit. These units are laid out for a simple investment. The building is on a cul de sac in a quiet corner of Bevo Mill. Total rents are $2,050 a month and $24,600 annually. Expenses are $6,803 for an annual net income of $17,797. Professionally managed by DECA Realty(8%). 2 of the 4 units are updated and rented out at $575, Rentometer suggests this may be a bit low, 2 bedrooms close by are renting for $650+. 2 of the 4 units are rented out at $450. Estimates for updating these units to the $575 price point is $8-10K, a 15-18% return on investment. Currently operating at a 10.6% Cap Rate. Showings with 1/4 units and basement, other units with contract.

Property Location

Property Details:
Square Footage: 2470 County: St. Louis City Units: 1-4 Condition: Rehabbed Occupancy: Fully Occupied Parking: 1 Parking Space Per Unit Heating: Electric Heat Cooling: Window Units Construction: Brick, Stone Basement: Poured Concrete
Home Amenities:
  • Fridge
  • Stove
Agent Details:
Owner / Broker: Ranch Style 4-family in Bevo Mill Phone: (314) 255-5117 Fax: (314) 480-7053
Contact Agent: Please use the form below to contact agent Ranch Style 4-family in Bevo Mill about this listing.

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