NEW YEAR, NEW INVESTMENT GOALS! Make money while you sleep! Outstanding investment opportunity in the up-and-coming West-End Neighborhood in St. Louis City! Turn-key ALL BRICK, ALL ELECTRIC 2-story Duplex(2,860sqft) has great curb appeal and offers an incredible passive income opportunity! First floor has 2BR, 1BA plus a bonus sitting area and second floor has 3BR, 1BA, bonus room, and a sitting area. Both units are vacant, allowing you to place and vet your own tenants. Updates and features include: new roof, HVAC, plumbing, sewer line/lateral, electric w/200 amp panels, water heaters, tuckpointing, windows, flooring, decks, renovated kitchens and baths, and large bedrooms. All of the heavy lifting has been done, just place your tenants and kick back and collect your mailbox money! Gross rents can easily be $2,200/month generating an impressive 11% R.O.I.(return on investment)...WOW! Ideal location, minutes away bus lines, Forest Park, Wash U, Delmar Maker District and much more!
MLS# | 24073808 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Pending |
Year | 1906 |
Days On Site | 16 |
Listing Provided By | Focus Realty Group, LLC | Lawrence Berry |
SQ Feet | 2,806 |
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Acreage | 0.13 |
State | MO |
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County | St Louis City |
City | St Louis |
Zip Code | 63112 |
Area | Central West |
Community Name | Gambles Add 02 |
School District | Sumner High |
Elementary School | Hamilton Elem. Community Ed. |
Middle School | Langston Middle |
High School | Sumner High |
Listing VS Median (in Gambles Add 02) | |
Price: $174,900 low | high Med: $147,400 SqFt: 2,806 low | high Med: 2,651 $ / SqFt: $62 low | high Med: $55 On Site: 16 low | high Med: 64.000000 |