Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1916
Sq.Footage
3,412
Four-Family Investment Opportunity With Immediate Upside Potential In A Classic Brick Building. This Property Features Two Units On The First Floor And Two Units On The Second Floor, Offering A Proven And Efficient Layout Ideal For Long-Term Rental Stability. Three Units Are Currently Tenant-Occupied With Long-Term Residents On Month-To-Month Agreements Paying $425 Per Month, Providing Consistent Cash Flow With The Flexibility To Adjust Rents To Market Rates. One First-Floor Unit Is Vacant And Available For Showings, Presenting An Excellent Opportunity For Immediate Value-Add Through Renovation And Lease-Up. The First-Floor Units Are Serviced By Forced Air Systems, While The Second-Floor Units Utilize Baseboard Heat, Offering A Diverse Mechanical Setup With Potential For Future Efficiency Improvements. The Property’s Solid Brick Construction Reflects Early 20th Century Craftsmanship With Strong Structural Integrity. This Asset Is Ideal For Investors Seeking A Value-Add Opportunity With Significant Rental Upside. With Below-Market Rents In Place And Month-To-Month Tenancies, Investors Can Strategically Increase Income While Enhancing Property Condition Over Time. Whether You Are Looking To Expand Your Portfolio Or Execute A Renovation And Reposition Strategy, This Property Offers A Compelling Combination Of Current Income, Operational Flexibility, And Long-Term Appreciation Potential. Call Your Full Time Realtor For Questions Or To Schedule Your Showing Today!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
3412.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s), Window Unit(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Baseboard, Electric, Forced Air, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Other Exterior Features
Balcony
-
Parking
On Street
-
Patio and Porch Features
Covered, Deck, Rear Porch
-
Pool
No
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.0992
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Traditional
Price
-
Sales Price
$100,000
-
Tax Amount
$245
-
Sq. Footage
3, 412
-
Price/SqFt
$29
HOA
-
Association
No
School District
-
Elementary School
Bryan Hill Elem.
-
Middle School
Yeatman-Liddell Middle School
-
High School
Vashon High
Property Features
-
Foundation Details
Stone
-
Ownership
Private
-
Water Source
Public
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Location
County
St Louis City
Elementary School
Bryan Hill Elem.
Middle School
Yeatman-Liddell Middle School
High School
Vashon High
Listing Courtesy of Christopher Roeseler , MORE, REALTORS
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