7501 Michigan – Turn-Key 3-Family

  • $329,900
7501 Michigan Ave, St. Louis, MO 63111, USA

Description

Note – This property is available on its own or as part of a 9-building package. To see the other available properties, check out the whole Carondelet 36-Unit Package

What a great combo… charming & unique + $$$-maker! Formerly a mixed-use property with a commercial unit on the main floor and an owner’s unit upstairs, this property was converted to three 2 bed/ 1 bath apts approx. 12 years ago. As part of the renovation, they were able to incorporate some of the original baking equipment into one of the units – see pics. The renovation also included updates to major components (roof, plumbing, electrical, HVAC, kitchen, baths, etc.). Located in the Historic Carondelet neighborhood and within walking distance to several desirable amenities: Upgraded YMCA Rec-Plex; Grocery & Retail Stores; Carondelet Park; Great Rivers Greenway trails; locally-owned restaurants; and public transportation. Due to their great condition & amenities, these properties easily stay rented & offer a nice return on investment. This is a stable, cash-flowing investment that you’ll want to add to your portfolio. Don’t miss your opportunity!

Sub listings

Title Property Type Price Beds Baths Property Size Availability Date
7501 #A Residential $935 / mo 2 1 1222 Sqft
7501 #B Residential $860 / mo 2 1 1131 Sqft
7501 #C Residential $885 / mo 2 1 1088 Sqft

Details

Updated on October 28, 2022 at 3:46 pm
  • Price: $329,900
  • Property Size: 4020 Sqft
  • Land Area: 4182 Sqft
  • Bedrooms: 6
  • Bathrooms: 3
  • Year Built: 1923
  • Property Type: Multi-Family 2-4
  • Property Status: For Sale
  • Units: 3
  • Address 7501 Michigan
  • City St. Louis
  • State/county Missouri, St. Louis City
  • Zip/Postal Code 63111
  • Area Carondelet

Contact Information

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Riahna Kastner

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Riahna Kastner
  • Riahna Kastner