6919 Michigan Ave., St Louis, MO 63111

  • $374,900
6921 Michigan Ave, St. Louis, MO 63111, USA

Description

Here is a wonderful opportunity to own 4 units! A large four family featuring 2 BR units located in the Historic Carondelet neighborhood and within walking distance to several desirable amenities: Upgraded YMCA Rec-Plex; Grocery & Retail Stores; Carondelet park with lake, trails and playgrounds; Great Rivers Greenway trails; locally-owned restaurants; and public transportation. The property underwent major renovations roughly 12 years ago with updates to major components (roof, plumbing, electrical, HVAC, kitchen, baths, etc.). All units are turn-key with eat-in kitchens, living room, in-unit laundry and fully electric systems. Due to their condition and amenities, these properties easily stay rented and offer a nice return on investment. The good news is that current rents are conservatively averaging around 5% below market creating an additional income opportunity for the future owner. This is a stable, cash-flowing investment that you’ll want to add to your portfolio!

 

Property Documents

6919-6921 Michigan - Lead Based Paint
6919-6921 Michigan - Rental Property Verfication
6919-6921 Michigan - Offer Instructions

Sub listings

Details

Updated on March 13, 2023 at 8:52 am
  • Property ID: 3018-00-0050-1
  • Price: $374,900
  • Property Size: 6,588 Sqft
  • Land Area: 7,000 Sqft
  • Bedrooms: 8
  • Bathrooms: 4
  • Garage: 0
  • Property Type: Multi-Family 2-4
  • Property Status: For Sale
  • Units: 4
  • Address 6919 Michigan Ave
  • City St. Louis
  • State/county Missouri, St. Louis City
  • Zip/Postal Code 63111
  • Area Carondelet

Contact Information

Riahna Kastner
Andrew Meirink

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