545 Bates ST Pending Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63111
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Pending
Purchase Type For Sale
Subdivision Thomas Add
MLS Listing ID 25025704
Year Built 1909
Lot Size 6,164 Sqft
Property Sub-Type 2-4 Units
Property Description
Investors—here's your chance to secure 10 units in South City with strong cash flow and long-term upside. This well maintained 4-family is being sold as a package with its neighboring 6-unit building (549 Bates, MLS #25026801), offering a rare opportunity to acquire a turnkey portfolio in a stable rental market! Each unit features 1 bedroom, 1 bathroom, ample living space, modern updates, some stainless steel appliances, well-kept back decks, and some newer major systems that will reduce your maintenance costs. Market rent for each unit is $800/month. Tenants enjoy the off-street parking, basement storage and a fully fenced backyard. These amenities will help ensure long-term tenancy and rentability. With a solid tenant base already in place and potential for future rent increases, this is the perfect opportunity for any investor looking to grow in 2025. You will be proud to own these charming South City buildings for years to come!
Location
State MO
County St Louis City
Area 3 - South City
Interior
Heating Forced Air,Natural Gas
Cooling Wall/Window Unit(s)
Exterior
Parking Features false
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Woodward Elem.
Middle Schools Lyon-Blow Middle
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing Cash,Conventional,Private Financing Available,Other
Listing Terms Cash,Conventional,Private Financing Available,Other
Special Listing Condition Standard