11
See all 11 photos
$650,000
Est. payment /mo
5,200 SqFt
Pending
1108 Bates ST St Louis, MO 63111
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Key Details
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Pending
Purchase Type For Sale
Square Footage 5,200 sqft
Price per Sqft $125
MLS Listing ID 25050700
Year Built 1958
Annual Tax Amount $5,693
Property Sub-Type 5 Family or More
Property Description
12-unit investment property located in the Holly Hills neighborhood, just a short walk from Carondelet Park. This well-maintained 12-unit building is a prime investment opportunity with upside.
The property features a mix of 8 one-bedroom/one-bath units and 4 studio apartments, each ranging between 400 to 500 square feet. This is ideal for easy maintenance and consistent tenant demand. 8 of the 12 units have been updated, offering new finishes while still leaving value-add potential through future renovations and rent increases.
This property is perfectly positioned for long-term growth. Whether you're expanding your portfolio or entering the multifamily market, this is an opportunity you don't want to miss.
The property features a mix of 8 one-bedroom/one-bath units and 4 studio apartments, each ranging between 400 to 500 square feet. This is ideal for easy maintenance and consistent tenant demand. 8 of the 12 units have been updated, offering new finishes while still leaving value-add potential through future renovations and rent increases.
This property is perfectly positioned for long-term growth. Whether you're expanding your portfolio or entering the multifamily market, this is an opportunity you don't want to miss.
Location
State MO
County St Louis City
Area 3 - South City
Interior
Heating Forced Air, Natural Gas
Cooling Central Air, Electric, Window Unit(s)
Fireplace N
Appliance Microwave, Oven
Exterior
Parking Features false
View Y/N No
Building
Water Public
Schools
Elementary Schools Buder Elem.
Middle Schools Long Middle Community Ed. Center
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by James Anderson • Salient Realty Group, LLC
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