2931 McNair Avenue, St. Louis, MO 63118
$95,000 (Listed Sold)

Wholesale Benton Park 2 Family

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Invest in St. Louis

Building
-Opportunity to own a large two family and separate single family home all on the same lot and parcel in Benton Park.
-Buildings feature all newer vinyl windows, updated electric, pvc plumbing, newer furnaces is only a block from Benton Park and walking distance from the shops and restaurants on Cherokee Street and the Anheuser Busch brewery.
-The large 2700 sq ft two family in the front was originally a saloon and converted into two residences, the units need rehab including a roof.
-The tenant on the first floor recently moved out and paid $750 monthly, the second floor unit was previously rented for $750.
-There is an additional 2 bedroom single family home that is approximately 1000 sq ft in the rear of the lot that was recently rented out for $600 a month.
-This property would be great for an investor looking for a value add opportunity, a business owner who wanted a live-work space or an owner occupant who wanted additional income.
-Market rent for the units after updates are $900-$1000 per unit for a gross monthly income of $2,700-$3,000 a month and $32,400 – $36,000 annually.
Asking price $109,900

Jordan Schoen Is A Licensed Broker In The State Of Missouri

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Property Details:
Square Footage: 3,540 County: St. Louis City Units: 1-4 Condition: Rehab Needed Occupancy: Fully Occupied Parking: On Street Parking Heating: Electric Heat Cooling: Central Electric Construction: Brick, Stone Basement: Other
Home Amenities:
  • Some Dishwashers
  • Vinyl Windows
  • Wood Windows
  • Fridge
  • Washer/Dryer
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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