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38 photos
Additional details
$265,000
Est. payment /mo
6,164 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Active
Purchase Type For Sale
Subdivision Thomas Add
MLS Listing ID MAR25025704
Construction Status 116
Year Built 1909
Building Age 116
Lot Size 6,164 Sqft
Acres 0.1415
Lot Dimensions 45x139x44x139
Property Sub-Type Multi-Family 2-4
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 South City
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplace N
Building
Sewer Public Sewer
Water Public
Construction Status 116
Schools
Elementary Schools Woodward Elem.
Middle Schools Lyon-Blow Middle
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Special Listing Condition None
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Listed by EXP Realty, LLC
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Joe LoPiccolo
Broker Associate | License ID: 2005026477
Broker Associate License ID: 2005026477
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