Rock Island Realty

9216 Central Drive

St Louis, MO 63114

MLS#: 24015150

$275,000

Status: Closed
Listing number: 24015150
Listing provided by: Invest St. Louis
Listing agent phone: None
Last update: N/A
On site: N/A
Browse Properties
Shackelford Place - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1954

Sq.Footage

2,880

Back on the market at no fault of Seller! Discover a unique investment opportunity with this 2-story, 4-family brick building, presenting an ideal project for real estate investors looking to capitalize on rehab potential. While 2 units currently have significant water damage, this property promises a high upside for income, with projected rents ranging from $950 to $1,100 per unit/month post-rehab. Each unit offers the canvas for transformation into a high-demand rental. Sold as-is, this project is perfect for those ready to invest sweat equity to force appreciation and unlock exceptional returns. Seize the chance to revitalize and reap the rewards of this promising investment. Ideal for visionaries aiming to expand their portfolio and maximize earnings through strategic renovation.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2880.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Forced Air, Varies by Unit

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Assigned, Open, Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.18

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $275,000

  • Tax Amount

    $3,776

  • Sq. Footage

    2, 880

  • Price/SqFt

    $95

HOA

  • Association

    No

School District

  • Elementary School

    Marvin Elem.

  • Middle School

    Ritenour Middle

  • High School

    Ritenour Sr. High

Property Features

  • Ownership

    Private

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

St. Louis-MO

Elementary School

Marvin Elem.

Middle School

Ritenour Middle

High School

Ritenour Sr. High

Listing Courtesy of Donald T Shaver , Invest St. Louis

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Back on the market at no fault of Seller! Discover a unique investment opportunity with this 2-story, 4-family brick building, presenting an ideal project for real estate investors looking to capitalize on rehab potential. While 2 units currently have significant water damage, this property promises a high upside for income, with projected rents ranging from $950 to $1,100 per unit/month post-rehab. Each unit offers the canvas for transformation into a high-demand rental. Sold as-is, this project is perfect for those ready to invest sweat equity to force appreciation and unlock exceptional returns. Seize the chance to revitalize and reap the rewards of this promising investment. Ideal for visionaries aiming to expand their portfolio and maximize earnings through strategic renovation.

9216 Central Drive

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