This turn-key, fully furnished, investment offers a rare opportunity to acquire a fully stabilized, high-yield hospitality (airbnb) asset in one of the city's most sought after areas to live, work and play, located just south of the Central West End, North of "The Grove" and blocks from St. Louis Science… Read More Center. The property was recently rehabbed featuring four separate units meticulously designed with high-end finishes, including granite countertops, custom cabinetry, stainless steel appliances, tile and spa-inspired bathrooms. Each unit is delivered fully furnished with professional, designer-curated decor, ensuring a seamless transition for the next owner and maintaining the property's reputation for five-star guest experiences. Operating as a high-performance short-term rental, the building generates significantly higher margins than traditional long-term leases, supported by a prime location within walking distance of parks and night life. Because major updates the property offers a low-maintenance, "plug-and-play" solution with virtually no upcoming capital expenditure requirements. This is an ideal acquisition for a 1031 exchange, owner-occupant or any investor looking to secure a luxury four family with immediate, optimized cash flow. Read Less
Listing courtesy of Apartment Advisors of America LLC, 314-716-2213.
Listing Snapshot
Days Online
115
Last Updated
Property Type
2-4 Units
Square Ft.
3,300
Lot Size
0.13 Acres
Year Built
1914
MLS Number
26038998
Additional Details
Basement
8 ft + Pour
Building
Built in 1914, Living area: 3300, 1 building, Construction Materials: Brick
Community
4 units in community
Cooling
Central Air
Disclosures
Unknown
Expenses
Other Expense: $13,060
Income
Gross Income: $72,000, Net Operating Income: $58,940
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