Great Investment Opportunity – 8 Unit Multi-Family!

  • $415,000
4616 Virginia Ave, St. Louis, MO 63111, USA

Description

Looking to add units and ROI to your rental portfolio? Look no further. This building features 8 easy to rent apartments split 50/50 between 1 and 2 BR units. Currently under rented at $500 & $600/mo this property brings plenty of value add potential to the table. Your tenants will enjoy the convenient location, bright and clean common spaces, secure entrances & off street parking. Owners/Landlords will appreciate the BRAND NEW ROOF currently being installed, low maintenance exterior and updates throughout including all electric panels. Major systems are located in the basement making them easy to service and maintain. Central a/c could easily be added although tenants appreciate the current individual wall unit setup. Each unit has its own w/d connection and storage locker in the basement. Fully occupied besides one unit left open for showings, all others to be viewed with an accepted contract. Please do not disturb tenants, property to be sold as-is.

Sub listings

Title Property Type Price Beds Baths Property Size Availability Date
Unit A $600 / mos
Unit B $500 / mos
Unit C $600 / mos
Unit D $575 / mos
Unit E $600 / mos
Unit F $0 / mos
Unit G $500 / mos
Unit H $575 / mos

Details

Updated on January 13, 2023 at 12:29 pm
  • Property ID: 22049049
  • Price: $415,000
  • Property Size: 8700 Sqft
  • Land Area: 5828 Sqft
  • Bedrooms: 12
  • Bathrooms: 8
  • Year Built: 1963
  • Property Type: Multi-Family 5+
  • Property Status: For Sale
  • Address 4615-4617 Virginia
  • City St. Louis
  • State/county Missouri, St. Louis City
  • Zip/Postal Code 63111
  • Area Dutchtown

Contact Information

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Andrew Meirink

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