7501 Michigan – Turn-Key 3-Family

  • $269,900
7501 Michigan Ave, St. Louis, MO 63111, USA

Description

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 apartments 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!

 

 

Property Documents

7501 Michigan - Lead Based Paint
7501 Michigan - Offer Instructions
7501 Michigan - Rental Property Verfication

Sub listings

Title Property Type Price Beds Baths Property Size Availability Date
7501 Residential $960 / mo 2 1
7501 Residential $885 / mo 2 1
7501 Residential $860 / mo 2 1

Details

Updated on March 13, 2023 at 8:50 am
  • Property ID: 3080-00-0010-1
  • Price: $269,900
  • Property Size: 4199 Sqft
  • Bedrooms: 6
  • Bathrooms: 3
  • Garage: 0
  • Year Built: 1923
  • Property Type: Multi-Family 2-4
  • Property Status: For Sale
  • Units: 3
  • Address 7501 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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Riahna Kastner
  • Riahna Kastner