Calling all investors: Excellent rental opportunity in the sought-after Benton Park Neighborhood! This 2 family property on Jefferson has had many recent updates including a new roof (Sept. 2017) and tuckpointing plus the walls and trim were just freshly painted. Many of the mechanicals have been updated in the recent past as well. Both units have a living room, one private bedroom, one walk-through bedroom, small bonus room, huge eat-in kitchen, full bathroom, and bonus finished area in the enclosed porch. Lots of space here in these units! Rent out both for some serious cash flow or live in one and let the other unit pay your bills. Either way, this property is a great opportunity to make some $$$. Don’t miss the opportunity to make this one yours!
Features Archives: Brick Exterior
It’s not often you find two side-by-side 4-families for sale, but it’s even more uncommon for them to be located in such a stellar location. Sitting right off of the northwest corner of Chouteau and Taylor, these 8 units are located in the Grove just across the bridge from the amazing Cortex Innovation Community and only a few buildings away from Home2 Suites by Hilton. Just down the block is the Aventura at Forest Park apartments, which has 1-bed’s starting from $1295 and 2-bed’s from $1650.
These buildings are currently fully-occupied with rents ranging from $550 to $636. Each unit has the same 4-room layout with a private bedroom in the rear and one bath. The current layout makes for a very spacious 1-bed, but with a renovation, these units could easily be converted to 2-beds with private beds in the front and rear of each unit.
The returns, as things stand, are modest but with a rehab, fetching rents of $1,200 a month or higher should be easy. This would make a great long-term addition to any rental portfolio if you are willing and able to get the buildings renovated and running up to peak efficiency.
Seller willing to split the buildings under the right circumstances, but prefers to sell as a package.
Opportunity knocks with this spacious duplex in the Tower Grove East Neighborhood. Both units feature a living room (1st fl has a woodburning fireplace), dining room, eat-in kitchen, walk in pantry, original built-in cabinets, full bathroom, and LOTS of closet space. The 1st-floor unit has 2 bedrooms plus a bonus room that is currently being used as a large, walk-in closet. The 2nd-floor has 3 bedrooms plus a large bonus room as well as a front balcony. The backyard features green space, a patio, and even a fruiting, pear tree. There is also a 2-car concrete pad for off-street parking. The property has been well cared for and is in fair to good condition. Everything that is there is functional but it could use some sprucing up. This is a great opportunity for those looking to get in this great neighborhood and be able to create their own sweat-equity. The 1st floor unit is vacant and the 2nd-floor tenant pays $800. Seller prefers to sell in As Is condition.
Check out this affordable brick bungalow with a convenient location to schools, restaurants, retail shops, and parks. The house has a flexible floor plan with 2 bedrooms, living room, kitchen and 2 full bathrooms – one on the main floor and one in the basement. The basement is unfinished but is clean and functional. Out back there is a modest sized yard and a one car garage. The home is currently occupied by a month to month tenant for $650/month who takes great care of the property. They can either stay or move depending upon the needs of the buyer. This is one that you don’t want to miss!
Lots of house for the price! This 1.5 story home in Tower Grove South is within walking distance to all of the retail shops and restaurants along both S. Grand and Morganford, as well as to all of the fun in Tower Grove Park. The 1st floor offers a great floor plan with an entry foyer, living room with woodburning fireplace, formal dining room, kitchen with island, master bedroom, bonus room which is perfect for a home office, and a full bathroom. You’ll love the architectural charm which includes rounded doorways, archways, hardwood floors, and stained glass windows. The 2nd floor features 2 additional bedrooms as well as 2 large closets for additional storage. The backyard offers a deck, fenced-in yard, and a one car, detached garage with opener. Whether you use a bike, bus, or car this home offers convenient access to major highways, the SLU & Wash U campuses, area hospitals, CWE, Downtown, and more. Come take a look! The earliest a new buyer can occupy is June 15th.
You don’t find 2-families like this very often. Especially in the Shaw Neighborhood and just one block from Tower Grove Park to boot. This duplex was once a 3,400 sq ft 4-family, but has been converted to two “townhome” style units with 2 beds, 1.5 baths with 1,700 spacious sq ft per unit. The units could be updated for higher level of finish and higher rents, but a bulk of the work is already done. Whether you are looking to live in the building, rent it out, or finish the townhome conversion, there are no bad options on this great building. One unit available for showings, the other only with an accepted contract.
Opportunity knocks with this 3 story building on a corner lot. Located just off of Cherokee Antique Row and across the street from the residential redevelopment project at the former SLPS Shepard School, this property offers buyers many options. The building is currently set up as a 3 family with 1 unit on each floor. It could also be converted into a duplex or single family home. The building has a sizeable backyard that would make adding a garage easy and, since it is a corner lot, you could make the entry directly off of the street instead of dealing with a narrow alley. Whether you keep it as a rental property or make it a home, there is GREAT POTENTIAL for redevelopment here. No matter what you decide, the building will need a REHAB to get it fully operational. In the meantime you can generate a little $$$ from the paying, 1st floor tenant who is a pleasure to manage but is on a M2M lease for your convenience. This is a MUST SEE opportunity so don’t miss your chance. Agent owned.
This Mid-Century modern duplex would be a great option for an owner-occupant or an investor looking for a quality purchase. With its open spacious layout and quiet one-way street location, it’s a wonderful setup for virtually any use. Inside both units you will find 2 bedrooms, wood flooring, a 3-season sunroom, central air, and ample closet space. Outside, this brick building’s two car garage is a great way to avoid street parking, but if that is not enough, there is also a community parking lot available directly behind the building. The first floor unit is currently rented at $725. Put this one at the top of your list!
This duplex is priced right for a rental investor looking to increase profits by doing improvements themselves. The interior will need renovation, but there was a new roof in June of 2016. Each of the two units is a 1 bed, 1 bath. Property is being sold as-is. Seller will not provide any warranties, inspections or repairs. Can be sold individually, or as a package with 3800 Keokuk, 3829 Compton, 6111 Michigan, 7616 Vermont, 3837 Michigan, and 4353 Beck.
This turn-key 4-family is a great addition to your portfolio. Each units is 1 bed, 1 bath with a private bedroom, with two renting for $525 and two renting for $495. Recent updates include new tuck pointing and roof upgrades in October 2015, new deck in June 2016, and complete remodel of the interior of all 4 units in May of 2016. They don’t get more turn-key than this. Available individually or in a package with 3829 Compton, 6111 Michigan, 7616 Vermont, 3837 Michigan, 4353 Beck, and 3632 Minnesota.
This duplex has one rented unit and offers excellent returns. Both units are 2 bed, 1 bath with one renting for $625. Recent updates include a new roof and tuckpointing in September 2015, as well as a full remodel of both units in March 2016. Available individually or in a package with 3837 Michigan
This duplex is pulling in great income with $695 currently coming in on the upstairs 2 bed, 1 bath unit and $625 coming in the first floor 1 bed, 1 bath. Updates include a new roof in September 2016, new deck in January 2016, and a complete interior remodel of both units in May 2016. Available individually or in a package with 3829 Compton,
This 2-family will provide all the benefits of owning rental property without the hassle of having to do updates. That’s because they are already done for you. Recent updates include a new roof in December 2015, complete remodel of units in January 2016, front and back steps replaced fall of 2012, and laundry in basement for both tenants. Both units occupied 1 bed, 1 baths and are rented for $550. Available individually or in a package with 3800 Keokuk, 3829 Compton, 7616 Vermont, 3837 Michigan, 4353 Beck, and 3632 Minnesota.
She might not be very big, but when was the last time a property was available along this section of Cherokee at so low a price? This small house has three rooms on the main level and a second floor loft area to provide additional space. Needs to be renovated and is being sold as-is. Available individually or in a package with 3722 Minnesota and 518 Fassen.
This 4-family is fully rented and will be cash flowing for you from the get go. All four units in this great turn-key investment opportunity are 1 bed, 1 bath (shotgun sytle) and are renting for $525 a month. Recent updates include new tuckpointing completed in November 2015, new roof November 2015, and new deck March 2016. Available individually, or in a package with 3722 Minnesota, and 3017 Cherokee.