3508 Watson RD new Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63139
Key Details
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Active
Purchase Type For Sale
Square Footage 13,092 sqft
Price per Sqft $144
Subdivision Southwest Park Add
MLS Listing ID MIS25023697
Year Built 1951
Lot Size 0.277 Acres
Property Sub-Type 5 Family or More
Property Description
Don't miss this exceptional, fully occupied 20-unit all 1-bedroom units complex just steps from the highly sought-after St. Louis Hills neighborhood, only blocks from Lindenwood and Tilles Park. This all-brick property features individually metered, all-electric units with hardwood floors, ensuring easy maintenance and turnover. Additional income of around $6,000 annually from coin laundry and extra basement storage with a half bath boosts ROI. The building is turn-key, with a new architectural shingle pitched roof, ample parking, and a stable tenant base with potential for rent increases. Tenants enjoy the convenience of being within walking distance to public transit, shopping, and popular dining spots like Trattoria Marcella, Pietro's, and Afghan Kabob House. Perfect for investors seeking a low-maintenance, income-producing asset in a sought-after neighborhood. Owner is a licensed real estate broker in Missouri.
Location
State MO
County St Louis City-mo
Area 3 - South City
Interior
Heating Electric
Cooling Wall Unit(s),Ceiling Fan(s),Other
Laundry Other,Common Area
Exterior
Parking Features false
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Mason Elem.
Middle Schools Long Middle Community Ed. Center
High Schools Roosevelt High
School District St. Louis City
Others
Special Listing Condition Standard