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6146 Morganford Road, St Louis, MO 63116

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For Sale

$325,000

2,552 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $127.35
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Turnkey, Fully Occupied 4-Family Investment Opportunity in Bevo Mill, located just blocks from Carondelet Park and Christy Park, this well-maintained 4-family building offers an excellent opportunity to grow your investment portfolio. Each unit features a true bedroom in the rear and one full bathroom. The property is currently generating a Net Operating Income (NOI) of $25,331, with rents currently below market, offering upside potential. Three of the four units present an opportunity for value-add upgrades to achieve market-rate rents this fall. Key Updates and Features: All four units have brand-new HVAC systems installed in December 2024. Sewer lines under the building were upgraded to PVC in 2024, including both stacks and partial replacement to the yard vent (connection to the city main is unknown). Three of the four water heaters have been replaced within the past six years. The rear parking pad provides off-street parking for all four tenants. All units are currently leased. This is a low-maintenance property that has been well-maintained. Tenants will not be disturbed without an accepted contract. Viewings of the basement may be arranged for serious buyers with proof of funds and listing agent accompanied. Please note: Seller's won't consider offers involving seller creative financing. However, we welcome offers that are cash or backed by Conventional, FHA, or VA financing.
MLS# 25046831

Courtesy Of Real Broker, LLC

(573) 520-3099

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Cooktop, Cooktop - Gas, Dishwasher, Garbage Disposer, Oven - Gas, Range, Range - Gas, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Heating System
    Forced Air
  • Lot Size
    0.1 Acres
  • Rooms
    Basement

Home seller CENTURY 21 CopperKey Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 CopperKey Realty

(636) 317-1120
Learn More About Us

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