Prime investment opportunity in the heart of South City! This value-add property offers a chance for investors to step in and complete the finishing touches on an already extensively renovated building. Featuring spacious 3-bedroom, 2-bath townhome-style units—highly sought after and commanding top market rents—this property is primed for strong cash… Read More flow and equity growth. Priced competitively, investors can capture built-in equity while achieving significant monthly returns Sales comps show a similar duplex pending at $379,000, with smaller 2-bed, 1-bath duplexes selling for up to $320,000. With rental projections up to $1,600/month per unit and a projected DSCR of 1.8, this investment is both low-maintenance and high-yielding. Whether you're a new investor, a seasoned pro, or a house-hacker looking to offset living expenses with some sweat equity, this property is an excellent opportunity to build long term wealth. Seller Prefers to sell property as-is in current condition. Read Less
Listing courtesy of Invest St. Louis, 3256201.
Listing Snapshot
Days Online
3
Last Updated
Property Type
Multi-Family 2-4
Square Ft.
3,922
Lot Size
0.14 Acres
Year Built
1909
MLS Number
25008909
Additional Details
Property Access
Driveway: None
Building
Above Grade Finished Area: 3922 Sq.Ft., Above Grade Finished Area Source: Other, Construction Materials: "Brick Veneer", Building Age: 116, Building Description: Duplex, Year Built: 1909
Community
Neighborhood: Dutchtown
Cooling
Cooling: "Electric"
Disclosures
Disclosures: "Unknown", "Flood Plain No", "Sellers Discl Not Av"
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Data Exchange.
Information from third parties, deemed reliable but not guaranteed. Listings displayed by this website do not constitute the full database as provided by MARIS. Certain listings have been excluded.
Confirm your time
Fill in your details and we will contact you to confirm a time.
