6-Unit Carondelet Investment Opportunity!

  • $537,000
7309 Michigan Avenue, St. Louis, MO, USA

Description

Plug & play investment opportunity for an investor wanting to add 6 quality units to their rental portfolio. These three fully operational and professionally managed duplexes attract and retain quality long term tenants. Each unit features hardwood floors & dishwashers within functional 2 Bedroom 1 Bathroom layouts along with private basements that add additional usable space plus areas for storage and laundry. Grouped in close proximity to each other for easy management these properties will work for the investor just getting started or the seasoned veteran. Under rented at just below an $850/mo average the monthly gross income is nearly $5,000 with room to grow. Excellent opportunity to add producing units to your portfolio before the end of the year. Properties to be sold AS IS and shown only with an accepted contract.

Property Documents

Patch Duplex Package - Offer Instructions
621-625 Steins - Rental Property Verification
621-625 W Steins - Lead Based Paint
Patch Duplex Package - Rental Property Verification
Duplex Package - Lead Based Paint

Details

Updated on November 15, 2022 at 11:20 pm
  • Price: $537,000
  • Bedrooms: 2
  • Bathroom: 1
  • Year Built: 1963
  • Property Type: Multi-Family 2-4
  • Property Status: For Sale
  • Units: 6
  • Address 7301-7303 Michigan Ave.
  • City St. Louis
  • State/county St. Louis City
  • Zip/Postal Code 63111
  • Area Carondelet, Patch

Contact Information

Andrew Meirink
Riahna Kastner

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