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14 Unit Apartment Building – Great Investment Opportunity in Patch Neighborhood!
Sold
7403 Michigan Ave, St. Louis, MO 63111, USA
Description
Large 14 unit building conveniently located just south of Loughborough and 55 near the Patch neighborhood’s Ivory Triangle. The building was fully renovated around 2013 including all major mechanicals and roof. All units are economical 1 Bedroom apartments with basic amenities and offer private bedrooms. Rents average $550 with all units occupied besides two available for viewing. Affordable housing is in high demand meaning this building is easy to rent and keep full. The buildings high unit count reduces vacancy rates and drives income. Total units plus high occupancy and low maintenance make this property a winning deal! Schedule a tour with your agent today!
Sub listings
| Title | Property Type | Price | Beds | Baths | Property Size | Availability Date |
|---|---|---|---|---|---|---|
| 1 | $550 / mos | 1 | 1 | 520 Sqft | ||
| 2 | $515 / mos | 1 | 1 | 520 Sqft | ||
| 3 | $565 / mos | 1 | 1 | 520 Sqft | ||
| 4 | $515 / mos | 1 | 1 | 520 Sqft | ||
| 5 | $530 / mos | 1 | 1 | 520 Sqft | ||
| 6 | $530 / mos | 1 | 1 | 520 Sqft | ||
| 7 - vacant | / mos | 1 | 1 | 520 Sqft | ||
| 8 - vacant | / mos | 1 | 1 | 520 Sqft | ||
| 9 | $530 / mos | 1 | 1 | 520 Sqft | ||
| 10 | $515 / mos | 1 | 1 | 520 Sqft | ||
| 11 | $540 / mos | 1 | 1 | 520 Sqft | ||
| 12 | $540 / mos | 1 | 1 | 520 Sqft | ||
| 13 | $515 / mos | 1 | 1 | 520 Sqft | ||
| 14 | $540 / mos | 1 | 1 | 520 Sqft |
Details
Updated on April 28, 2022 at 4:06 pm- Property ID: 22006141
- Price: $750,000
- Property Size: 7280 Sqft
- Land Area: 10313 Sqft
- Bedrooms: 14
- Bathrooms: 14
- Year Built: 1962
- Property Type: Multi-Family 5+
- Property Status: Sold
- Rooms: 20+
- Units: 14
Address
Open on Google Maps- Address 7403-7405 Michigan
- City St. Louis
- State/county Missouri, St. Louis City
- Zip/Postal Code 63111
- Area Patch
