UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Active
Purchase Type For Sale
Subdivision Mount Pleasant
MLS Listing ID 25014158
Construction Status 97
Year Built 1928
Building Age 97
Lot Dimensions .
Property Sub-Type Multi-Family 2-4
Property Description
Fully Renovated 4-Family Building
This fully renovated 4-family building offers investors a prime opportunity with a 12.54% Cap Rate. Built in 1928 and extensively renovated in 2024, each of the four units features 2 bedrooms, 1 bathroom, and 1,300 sq. ft. of spacious living space. The building blends historic charm with modern updates, including new flooring, kitchens, bathrooms, and upgraded plumbing and electrical systems.
Located in a growing St. Louis area with easy access to amenities, transportation, and major roadways, this property attracts reliable tenants and offers strong cash flow potential. Whether you're a seasoned investor or new to real estate, this turnkey asset provides an excellent return on investment with minimal maintenance. Don't miss out on this high-demand, high-return property!
Location
State MO
County St Louis City
Area South City
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplace N
Building
Sewer Public Sewer
Water Public
Construction Status 97
Schools
Elementary Schools Monroe Elem.
Middle Schools Fanning Middle Community Ed.
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing Cash Only, Conventional, Other
Listing Terms Cash Only, Conventional, Other
Special Listing Condition None
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Joe LoPiccolo
Broker Associate | License ID: 2005026477
Broker Associate License ID: 2005026477