2300 S 9th ST

St Louis,MO 63104

$ 549000

0 Bed

0 Bath

3900 SqFt


Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Hold

Purchase Type For Sale

Square Footage 3,900 sqft

Price per Sqft $140

Subdivision Cabanne Walkers

MLS Listing ID MIS25002307

Year Built 1889

Lot Size 3,001 Sqft

Property Sub-Type 2-4 Units

Property Description

CALLING ALL INVESTORS! OR...Live in one unit and have the other 2 as rentals to start your own portfolio! This wonderful 3 unit multi family in the heart of Soulard is a cash flow positive property that will be a great addition to your portfolio. This well maintained building features 3 bed, 3 bath units, assigned parking, in unit laundry, Central HVAC, newer water heaters, upgraded electric, plumbing, and appliances. Currently producing a 7 to 8% cap with room to improve on current rental rates. These fully occupied units have leases in place and are currently realizing $1500 per month each.

Location

State MO

County St Louis City

Area 2 - Central East

Interior

Heating Forced Air,Natural Gas

Cooling Ceiling Fan(s),Electric,Gas,Central Air,Multi Units

Laundry In Unit,Laundry Room

Exterior

Exterior Feature Balcony

Parking Features false

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Sigel Elem. Comm. Ed. Center

Middle Schools Fanning Middle Community Ed.

High Schools Roosevelt High

School District St. Louis City

Others

Special Listing Condition Standard

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