Turn-key 8 Unit Ranchette Style Multi-Family and Large Lot near Cherokee Street

  • $315,000
1951 President, St. Louis, MO 63118

Description

This ranchette style property has a lot of upside for the savvy investor: 1. Superb location near restaurants & retail on Cherokee St. as well as easy access to several major thoroughfares and highways. 2. All 8 units offer 1 level living, private beds, are efficiently built (tenants love the low utility costs!), and boast many updates: insulated, vinyl windows (2016); 8 new furnaces & central air units (2016); and circuit breaker panels. 7 of 8 units have updated flooring, light fixtures, hardware, etc. 3. Laundry hook-ups in basements. 4. Off-street parking. 5. Included buildable lot offers a great opportunity for development right next door to the Sherman School project. 6. 1950’s era construction makes updates to this building sooo much easier and cheaper than it’s 100+ year old counterparts. 7. Turn-key: tenants are on professional leases and screened. 8. It’s a $$$$ maker! NOTE: 1951, 1955, & 1959 are 3 separate parcels but are being sold together as a PACKAGE ONLY. Agent owned.

Sub listings

Title Property Type Price Beds Baths Property Size Availability Date
1951 A 3 $505 / mo 1 1 475 5/31/2020
1951 B 3 $505 / mo 1 1 475 3/31/2020
1951 C 3 $510 / mo 1 1 475 3/31/2020
1951 D 3 $460 / mo 1 1 475 3/31/2020
1955 A 3 $505 / mo 1 1 475 9/30/2019
1955 B 3 $505 / mo 1 1 475 11/30/2019
1955 C 3 $505 / mo 1 1 475 7/31/2019
1955 D 3 $505 / mo 1 1 475 2/29/2020

Details

Updated on June 26, 2019 at 11:40 am
  • Property ID: 19031409 & 19031650
  • Price: $315,000
  • Property Size: 3800 Sqft
  • Land Area: 17250 Sqft
  • Bedrooms: 8
  • Bathrooms: 8
  • Year Built: 1959
  • Property Type: Land, Multi-Family 5+
  • Property Status: Sold
  • Address 1951-1955 President
  • City St. Louis
  • State/county Missouri, St. Louis City
  • Zip/Postal Code 63118
  • Area Marine Villa

Contact Information

View Listings
Riahna Kastner

Enquire About This Property

Compare listings

Compare
Riahna Kastner
  • Riahna Kastner