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Opportunity to purchase a value-add historic brick home in The Grove, located 1 block from Forest Park, within walking distance to Barnes Jewish Hospital, Washington University Medical Center, St. Louis Children's Hospital, and the Siteman Cancer Center. This home built in 1907 is 2,048 sq ft, configured for 3 bedrooms and 2 bathrooms. A foundation was poured outside of the back of the house for an addition, creating the potential for additional square footage. A lot of work has been completed, including demolition, a roof was added, windows were replaced, framing work was done, some plumbing work was done, and electric service was added. There is an off-street parking area in the rear, which could have a carport or garage. The home is located in a federal historic district so it is possible to get tax credits for the renovation of the home, a chance to create your vision and equity at the same time. The home needs renovation and is being sold as-is. $220,000 Active

4533 Oakland Avenue St Louis, Missouri

3 Beds 2 Baths 0.078 Acres

Check out this beautiful 4 family property with 3 successful medium-term rentals (with five-star reviews). The furnished apartments rent for $2,000, $1,800, and $1,800 for a total of $5,600 a month for the 3 apartments. Located in the tree-lined and quiet neighborhood of Southwest Gardens, which is a short walk to the Botanical Gardens, Tower Grove Park, The Hill, and a short drive to Barnes or SLU Hospitals. Each unit has 2 bedrooms. The 3 furnished units are professionally updated throughout with high-end furnishings and offer tenants absolutely everything a tenant would need for their stay including Casper mattresses, blackout curtains, Internet TVs, fully stocked kitchens, etc. All furnishings are included in the sale. The 2 upstairs units each have a porch. 1 unit will be made available for an owner-occupant. The apartments rent quickly when available and are easy to manage. The average rent for an unfinished 2-bedroom apartment within a mile in the last 12 months is $1,439. $875,000 Pending

4526 Cleveland Avenue St Louis, Missouri

0.126 Acres

Opportunity to purchase a renovated 3 family in The Grove, one of the most vibrant and desirable neighborhoods in St. Louis. Located across the street from a park, near Forest Park, Barnes-Jewish Hospital, Washington University Medical School, The Cortex, and The Botanical Gardens. This 3,652 sq. ft. building has a recently renovated 1,800+ sq. ft. 2-story townhome with 3 beds and 1.5 baths. Features include an updated kitchen with stainless steel appliances, updated bathrooms, and a fireplace. There are also 2 one-bedroom units with one unit rented for $1,195 and one unit vacant. The building has central air, hardwood floors, a fenced backyard, and off-street parking. There are two separate basements, the east basement has a bathroom with a shower, and two partially finished rooms. Perfect for owner occupancy or for an investor. The average rent for similar size townhomes within a mile in the last year is $2,304 and similar size 1 bedroom, the average rent is $1,402. $599,000 Active

4358 Vista Avenue St Louis, Missouri

0.144 Acres

A rare chance to own an updated four-family in the North Hampton neighborhood, located near The Hill, Tower Grove Park, and the Botanical Gardens. The building features updated vinyl windows, an updated kitchen with newer cabinets and an island, walk-in closets, and a 2 story deck on the back of the building. The building was recently tuck-pointed, there is off-street parking, updated PVC plumbing stacks, updated electric panels, and storage units for tenants. Three units are rented at $950, $950, and $875 with the vacant apartment on the market for $975. There are numerous 1 bedroom apartments of similar size in the neighborhood that rent from $1,095 to $1,150. This would make a great investment property for an investor or ideal for an owner-occupant. Property to be sold as-is. $425,000 Active

4971 Parker Avenue St Louis, Missouri

0.114 Acres

This fully-renovated, 2-unit property is 100% occupied and cash flowing on day 1! The property has 2 long-term tenants (5+ yrs and 3+ yrs) at rents of $805/mo and $865/mo. With market rents for similar units at $1,039/mo, the property has significant upside potential via near-term rent increases or owner-occupancy. Additional upside potential is available via the lease-up of the on-site two-car garage. Each 2BR/1BA unit is approximately 1,150 sq ft for a total of 2,300 sq ft of living area. Amenities include full kitchens (oven/stovetop, dishwasher, garbage disposal, and refrigerator), central HVAC, ceiling fans, hardwood floors, private decks, washer/dryer hookups, lockable storage closets, garage parking, and a fenced yard. The property was fully renovated in 2015 with new: 200-amp electric panels, PVC stacks and lateral piping, water heaters, HVAC systems, utility meters, gas furnaces (2017), roof (2018), open-concept floor plans, kitchens, bathrooms, windows, and drywall/paint. $189,000 Active

3735 Virginia Avenue St Louis, Missouri

0.071 Acres

Well-maintained apartment complex located across the street from Christy Park and near a $72M apartment development that has broken ground. There is a value-add component to the property with many rents below market. Owner has raised rents of some original units to $885 a month. 8 units have been already updated with 2 units currently in the renovation process which will be completed prior to closing. Updated units now rent for $935. Non-updated units rent from $850-$885. Nearby 1 bed apartments are renting for as much as $995. The owner is charging $40 to new tenants or renewals for internet. There are some units not charged for internet yet. Building has updated electric panels and exterior service. Electric heating units in renovated apartments were added. Seller currently provides heat through a boiler system. Storage units are available for tenants, there is some pvc plumbing, pex plumbing is being added to renovated units. There are 3 commercial spaces rented on the first floor. $1,650,000 Active

5101 S Kingshighway Boulevard St Louis, Missouri

0.078 Acres

 

 

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