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Key Details
Sold Price $245,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Subdivision Hunts Add
MLS Listing ID MAR24048551
Year Built 1914
Building Age 110
Lot Size 5,428 Sqft
Property Sub-Type Multi-Family 2-4
Property Description
Discover this exceptional 4-unit multi-family property, perfectly situated in the highly sought-after neighborhood of South Tower Grove. This investment gem boasts full occupancy, ensuring immediate cash flow, with significant potential for increased rental income. Each unit has been recently renovated, showcasing upgrades that reduce future maintenance costs and attract quality tenants. Currently, all units are occupied, providing a stable income stream from day one. With room to increase rents, there's an opportunity to enhance your return on investment significantly. Renovation highlights include new flooring and fixtures, freshly painted interiors. This property offers strong cash flow and appreciation potential, located in a growing and desirable area poised for value appreciation. High-quality renovations attract and retain tenants, minimizing vacancy rates. Whether you're a seasoned investor or looking to expand your portfolio, this property promises both stability and growth.
Location
State MO
County St Louis City
Area South City
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Building
Sewer Public Sewer
Water Public
Structure Type Brick Veneer
Schools
Elementary Schools Mann Elem.
Middle Schools Fanning Middle Community Ed.
High Schools Roosevelt High
School District St. Louis City
Others
Special Listing Condition None
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Bought with Felina Higby
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Joe LoPiccolo
Broker Associate | License ID: 2005026477
Broker Associate License ID: 2005026477