803 Nathan St., St. Charles, MO 63301
$239,000 (Inactive)

Two-Family Located 3 Blocks From Lindenwood University

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Invest in St. Louis

This is a rare chance to purchase a two-family investment property in a quiet neighborhood on almost 1/3 acre. Located 3 blocks from Lindenwood University, near the new Schnucks and the St. Charles Historic District.

The building has 2 bed, 1 bath units featuring central air conditioning, in-unit full size washer and dryer hookups. The average rent for a 2-bedroom apartment within 2 miles in the last year is $1,141 with the average rent $1.41 per sq. ft., with apartments renting for $1,105, $1,250, $1,396, and $1,500 depending on size and updates. One unit is being left vacant to show and the other unit is occupied month-to-month to a 12-year tenant below market rent at $850. Units are individually metered with tenants paying water, sewer, gas, and electric bills. This keeps expenses low, creating an attractive investment opportunity.

Supplemental Documents

Property Location

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Property Details:
Square Footage: N/A County: St. Charles County Units: 1-4 Condition: Turn Key Occupancy: Some Units Vacant Parking: Off Street Parking, Parking Lot Heating: Electric Heat Cooling: Central Air Construction: Siding, Wood Basement: None
Home Amenities:
  • Fridge
  • Stove
  • Washer/Dryer Hookup
  • Tile Floors
  • Carpet
Agent Details:
Owner / Broker: Jordan Schoen Phone: (314) 255-5117 Fax: (314) 480-7053
Contact Agent: Please use the form below to contact agent Jordan Schoen about this listing.

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