MO > St Louis > Thomas Add
St Louis, MO 63111,545 Bates ST
St Louis, MO 63111,545 Bates ST
St Louis, MO 63111,545 Bates ST
Additional details
Joe LoPiccolo

Joe LoPiccolo

+1(314) 422-0125
$255,000
Est. payment /mo
6,164 Sqft Lot
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UPDATED:

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

Acres 0.1415

Lot Dimensions 45x139x44x139

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)

Fireplace N

Appliance Gas Water Heater

Exterior

Parking Features false

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Schools

Elementary Schools Woodward Elem.

Middle Schools Lyon-Blow Middle

High Schools Roosevelt High

School District St. Louis City

Others

Ownership Private

Acceptable Financing Cash, Conventional, Private Financing Available, Other

Listing Terms Cash, Conventional, Private Financing Available, Other

Special Listing Condition Standard

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Listed by Julie Thorngren • EXP Realty, LLC

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agent

Joe LoPiccolo

+1(314) 422-0125

Broker Associate | License ID: 2005026477

Broker Associate License ID: 2005026477

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