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$265,000
Est. payment /mo
6,164 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Thomas Add
MLS Listing ID MIS25025704
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-mo
Area 3 - South City
Interior
Heating Natural Gas, Forced Air
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
Special Listing Condition Standard
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Listed by EXP Realty, LLC