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$675,000
25045848 MLS ACTIVE Status
One-of-a-kind Investor's dream, Turnkey 9-Family + 4 Bay Unit commercial spaces in South City! Excellent cash-flowing opportunity with low maintenance. Perfect for a seasoned investor or first time investor. Cap rate is currently 8.84% and NOI is $59k. Lease-up is exceptionally strong with almost no vacancy...Unit rents vary from $790-$850 and have been gradually growing as the leases come up for renewal. Additionally a 4 bay commercial building in the front of the lot will be included in the sale. The commercial units can easily be turned into residential units for additional cashflow opportunity. Each unit has been thoughtfully updated in 2020 with new electric meters, new water heaters, brand-new electrical, plumbing, new drywall, new hybrid mini splits, ensuring low maintenance for years to come. Interiors feature new hardwood flooring, white shaker cabinets, gas stovetops, refrigerators, and laundry hookups and stackable washer/dryer in dedicated closets. The basement has individual storage lockers dedicated for each unit. All units have private rear access, with the building situated behind a commercial space for added seclusion. A true turnkey asset in a great rental market—perfect for any investor looking for strong returns and long-term stability.

3659 S Broadway Unit 2660-3663-3665, St Louis

$373,500
3 Beds 3 Baths 25000590 MLS ACTIVE Status
Just completed! Come view this large 3 bedroom, 2.5 bath townhome in our South City new home community of Boulevard Heights. Steps away from Carondelet Park, SouthCity YMCA rec center/pool complex, Lowes/Schnucks shopping center, Great Rivers Greenway biking trails and more. Super convenient to HWY 55 gets you places quickly. Wide Luxury Vinyl tile flooring on entire 1st floor sets the tone as soon as you step inside the living room. Modern gray cabinetry in your gourmet kitchen w/ stainless appliances incl. Silestone counters for a cosmopolitan look! Convenient main floor laundry room right off the kitchen. Off of the breakfast room is a side patio - perfect for your BBQ grill. The 2 car alley loaded garage is accessed from the rear of the home through your small rear yard. Upstairs is the primary bedroom suite includes a coffered ceiling, ensuite full bath with dual wave-bowl sinks. An additional 2 bedrooms with walk-in closets share a full bath. COOL: 14 SEER+

7123 Trainor Place, St Louis