Beautiful 1930's architecture of a 24 Unit apartment building consisting of 12 one bedroom and 12 two bedrooms units. Nice large units with good layouts. Off street parking in the rear of building. All units have forced air heat with central air. Updates include some stacks, electric panels, HVAC systems. Strong income producing property!
Architecture Style: Other
Cooling System: Ceiling Fan(s), Central A/C, Window Unit(s) A/C
Sale includes 3917 Alexander Rear. This is a lot with a garage on it that brings in additional income. It is directly behind the apartment complex. Harmony Court Apartments is 16 large one bedroom units and a very well maintained apartment complex. Central air, Forced heat, garage parking, private bedrooms, hardwood floors, some newer windows, common laundry for additional income. Call listing agent to view and for more information.
This spectacular 18 unit all brick building built in 1931 located on nice corner only blocks away from Tower Grove South.The building feats terrazzo floors, original wood work and separate storage lockers for each tenant in basement, an 8 car garage that is currently being rented for $350a mo. The building has on site laundry,the majority of pvc plumbing has been replaced in all units, and wood floors have been refinished. There are newer vinyl windows,tuck pointed and had roof replaced w/i the last 6 years, all the electric has been completely updated and has been metered to all of the units with panels in each apartment, there are electric stoves and refrigerators in each unit. Units rent for between $450-500 a unit.The buildings heat is furnished with a boiler that has been well maintained. The building is at a 12% cap rate and is a fully operational building with a low vacancy rate. The Owner participates in Operation Revielle ; gvmnt funded program. Property is being SOLD AS IS
This unique turn-key four family features 1350 Sq ft units and was fully restored in 2004/2005. Updates include new kitchens and baths, updated electric, new HVAC, roof, pvc plumbing, windows were replaced 4 years ago. Located just one block from Tower Grove Park and is walking distance to the Botanical Gardens. There is a large fenced in back yard with porches on the rear of the building for each tenant. Features central air, hardwood floors, ceramic tile, French doors, dishwashers and lots of storage space. Units have 5 and 6 room layouts that can easily be used as a 2 bedroom. Ideal for an owner occupant or investor, an owner occupant could not only live there for free but have positive cash flow. Three tenants are long term tenants. Market rent for updated units this size rent for $900-$1000 a month. Total rents are currently $3,400 a month and $40,800 annually, after fixed expenses the building has a net annual profit of $34,872 creating a 9.9% return on investment.
Huge reduction! Looking for a young building & excellent cash flow? An excellent investment opportunity to own this solid brick building c. 1962 consists of 9 units. New owner worries nothing just collect rents. Recent updates in 2014 include new roof, new thermal windows, new fascia & gutters, brand new concrete parking in rear; newer heating & cooling 3 years ago; some units have double sink, new ceramic & new pergo floor. Current rent roll is $475 for unit 1, 1A, 3, 4; $440 for unit 2,2A; $450 for unit 3A; $415 for unit 9 (tenant cuts grass), unit 4A is vacant to show. All units come with fridge and stove/range oven. Very easy to rent, low maintenance, solid investment in a great rental area. Also see MLS #15010615.
Very well maintained MIXED USE property, with THREE RETAIL/OFFICE UNITS on the ground level and THREE APARTMENTS on the upper level, is something you should really consider it seriously for your portfolio. Just take a look at the cash flow analysis attached to the listing, a CASH FLOW COW. Located right at CHRISTY PARK, this is also perfect if you are going to RUN YOUR OWN retail or office BUSINESS. Some NEW KITCHENS & some UPDATED BATHS, Copper & PVC plumbing, UPDATED ELECTRIC, most of NEW HVAC equipment and hot water heaters, some NEW WINDOWS (April 2014) and clean & DRY BASEMENT make this property nearly MAINTENANCE FREE in years to come. Merchandise in two retail stores is optional for purchase, the seller will leave it for $ 10,000 extra and its retail values is $ 30,000. Seller will PAY up to $ 5,000 in CLOSING COSTS if closed by 7/31. CALL your REALTOR to schedule your appointment.
Don't miss your opportunity to own this fully leased Brick Four Family in great Holly Hills neighborhood at corner of Coronado and Dover Place. Well kept units have original wood floors and trim, tile, etc.. All room sizes are large. Newer Windows! Newer Siding on back Sun Rooms. Nice clean basements. Has two easy access 19x19 detached 2-car garages with newer roofs. Newer roof, individual forced air heat, storage units and laundry hook-ups for each unit in the basement which is separated down the middle to accommodate 2 per side. Great rental history!
Attractive Tower Grove South 2-Family! Nicely Updated And Move-In Ready For Owner-Occupant. Live In One Of The Most Desirable Neighborhoods In St. Louis, While Tenants Pay The Bulk Your Mortgage. Nice Quiet Street, Yet Only A Few Steps Away From Tower Grove Park. Choose Your Unit! These Charming 2 Bedroom Flats Have 90+ Forced Air Central Heat And A/C. Lovely Stained Glass Windows, Off Street Parking, Sunrooms, Large Eat-In Kitchens, Full Basement With Dual Washer & Dryer Hookups, Newer Roof, Updated Baths, & Nicely Appointed Kitchens With Built In Dishwashers And Microwaves. The upstairs Unit Was Recently Rented At $1150/Mo With Owner Occupying The Other Unit. Both Freshly Painted And Move-In Ready With Clear Occupancy Inspections. Call Today, THIS BEAUTIFUL PROPERTY IS READY FOR YOU!
Mixed use building in a great location on the corner of Gravois and Goethe in South City. Sale includes approximately 3,870 SF of commercial space at 6225 and 6227 Gravois Ave., there are 3 residential apartments on second level, two 1 bedrooms units and 1 efficiency unit. Also includes a second building, currently leased as a 2 bay mechanics garage. Perfect property for owner operator running business out of the main level and earning rental income from the apartments and garage or an investor to lease the whole building. Property is bank owned and was acquired through foreclosure, it is being sold in its "as-is" condition without any disclosures or warranties.
(c.) 1913 What a great opportunity! Nestled right on the edge of Tower Grove Heights, this super well kept two family offers loads of possibilities. Both units are currently vacant...buy and rent both out or live in one unit and rent the other side out to help cover your mortgage. Updates, updates, updates. Newer kitchens, newer HVAC, plumbing and electric, newer roof. All the big stuff, already done. Great yard space and plenty of storage in the basement. Walk to all the best that Tower Grove has to offer.