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.

This building has been demoed and now stands as a blank canvas ready for your vision. This unique opportunity holds tremendous potential for those looking to shape the future of this property. Here’s why this property is worth your attention:

1. Ideal Location: The building is located in Dutchtown near St. Mary’s High School, just a short drive to Tower Grove Park, St. Louis University, and Downtown St. Louis.
2. Creative Freedom: With the building cleared and prepared for redevelopment, you have the creative freedom to transform it according to your vision and investment strategy.
3. Promising Upside: The property offers substantial upside potential, with nearby four-family properties fetching prices as high as $380,000. This demonstrates a strong market demand in the area.
4. Rental Potential: In the vicinity, the average rent for 1-bedroom units is $720, with some 1-bedroom units renting for as much as $899. According to Rentometer, nearby one-bedroom apartments are currently renting for $675 to $850, depending on their level of updates.
5. 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.
6. Sold As-Is: The property will be sold as-is, allowing you to make renovation decisions that align with your investment strategy.

This 5,100 sq-ft 4-family property boasts spacious 2-bedroom, 1-bathroom units. Here’s why this investment deserves your attention:

1. Recent Updates: Two units have recently undergone renovations, enhancing their appeal to tenants and reducing immediate renovation expenses. A new roof was installed in 2021.
2. Steady Rental Income: Three out of four units are currently occupied, providing a reliable source of income. Rents are currently $725, $565 (month-to-month lease), and $725, ensuring consistent cash flow.
3. Market Insights: According to Rentometer, nearby 2-bedroom apartments command rents ranging from $825 to $1,550, depending on the extent of updates.
4. 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.
5. Sold As-Is: The property will be sold as-is, allowing you to make renovation decisions that align with your investment strategy. An inspection report is available upon request.

Opportunity to purchase a renovated 4-family a short walk to Forest Park, Barnes Jewish Hospital, The Cortex, Washington University Medical School, Siteman Cancer Center, and Children’s Hospital.

• Building features updated kitchens with stainless steel appliances including dishwasher, in unit laundry.
• The bathrooms have been updated with modern finishes.
• The building has central heating and air conditioning, a 2 story deck, a fenced backyard, and off street parking.
• The building has a PVC plumbing stack, PEX plumbing, the lateral was replaced, and there is updated electricity and furnaces.
• There is private storage in the basement for each of the tenants.
• The building is comprised of 2 one bed units and 2 efficiency units.
• One unit has been left vacant to show, and for a potential owner occupant.
• The units are currently rented under market rent for $995, $945, 910 a month.
• The average rent of 30 similarly sized 1-bedroom apartments rented within a mile in the last year is $1,557 a month.

Take the virtual tour: https://my.matterport.com/show/?m=cp7HFqUtDtk

Opportunity to purchase 3 connected townhomes located in The Grove in close proximity to Forest Park, Barnes Jewish Medical Complex, Washington University School Of Medicine, St. Louis University, Cortex, The Central West End, Botanical Gardens, and Tower Grove Park.

• This historic building was built with great architectural detail in 1894. Total sq. footage over 4,400 square feet with 3 beds, 2 baths in each Townhome.
• Two units are occupied and one unit is available for a potential owner-occupant.
• The average rent of 9 similar apartments within 1 mile in the last year is $2,377. If all apartments were rented at the average rent of $2,377 the monthly income would be $7,131 a month and $85,572 annually.
• All units have been updated and feature open kitchens with modern cabinets and stainless steel appliances.
• There is a bedroom and full bathroom on the first floor, with two bedrooms, a bathroom, and a living area on the second floor.
• The building has three separate basements with updated systems.

Take the virtual tour: https://my.matterport.com/show/?m=FitJ2xhMXaM

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

• A new roof was just installed, the building was just painted, and the vacant unit was just made rent-ready.
• The building has 2 bed, 1 bath units featuring central air conditioning, in-unit full-size washer and dryer hookup.
• The average rent for a 2 bedroom apartment within 2 miles in the last year is $1,141 with the average rent of $1.41 per sq. ft., with apartments renting for $1,105, $1,250, $1,396, $1,500 depending on size and updates.
• One unit left vacant to show and the other unit is occupied month to month by a 12-year tenant below market rent at $850.
• Units are individually metered with tenants paying water, sewer, gas, and electric bills keeping expenses low.

Investment Highlights

• This is a turn-key investment property with recent property improvements.
• All units were updated in 2020 to include:
  • In-unit laundry, modern kitchens with updated cabinets, stainless steel appliances
    (range, dishwasher, refrigerator, microwave), new flooring, lighting, and fans.
  • Bathrooms are updated with new vanities, toilets, flooring, and shower
    systems.
  • 3 units with mini-split heating and cooling. The other 2 units have HVAC.
  • The electric panels and water heaters were also updated when renovated.

Location Highlights

• Located in the desirable 63139 Zip Code.
• Walkable to The Hill, Clifton Heights Park, Sublette Park, and several bars and restaurants.
• Easy access to I-44, Watson, and Hampton.
• Private off-street parking pad for residents.

Great 2-Family would make a great owner-occupant or investment property with one 2-bedroom and one 3-bedroom unit. This property is located in the desirable Princeton Heights neighborhood. It is close to parks, shopping, restaurants, and other activities. The units have large rooms, nice eat-in kitchens, balconies, central air, 2 car detached garage, PVC plumbing stack, circuit breakers, a clean dry basement with washer and dryer hookups, ceiling fans, ceramic and vinyl plank flooring. Both units are currently vacant but ready to be rented, similar units in the area rent between $1100 and $1300.

Opportunity to purchase a renovated 4 family in The Grove, one of the most vibrant and desirable neighborhoods in St. Louis. Located within walking distance to Forest Park, Barnes-Jewish Hospital, Washington University Medical School, The Cortex, The Botanical Gardens, and restaurants and bars on Manchester. Building underwent renovation including kitchens with granite countertops, updated cabinets, and appliances. One unit has in unit laundry. Each apartment has two-bedroom units. One unit will be available for a potential owner-occupant. All systems were updated during the renovation including HVAC, electricity, PVC plumbing stacks. There is off-street parking and fenced backyard with a deck in the back. Apartments are rented under market rent. Two-bedroom apartments rent from $1,350-$1,900 nearby with average rent of $1,521 within a mile in the last 12 months. Can be purchased with 4 family at 4341 Swan next door. Seller is a licensee in the state of Missouri.

Looking for a great investment property?? This mobile home park sits right off of St. Joe Dr, one of the busiest roads in Park Hills and is less than a mile from Park Hills-Central Middle School. With easy access to the main road, this property has unlimited potential to become a popular spot for anyone looking to reside in a mobile home that is centrally located. There are currently 7 mobile homes on the lot (4 owned by current owner which are included in sale price) and 2-3 available pads depending on the size of the mobile home. Out of the 7 homes, 4 currenty have tenants who recently renewed leases and 3 are vacant. The vacant homes need a light rehab to bring the interior up to date but nothing major. This is a great opportunity for someone who wants to start a real estate investment portfolio or add to an already existing portfolio. Call listing agent for appointments.