MartiMerrifield
BEDS0
BATHS
MLS#25045848
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONShepards Add
SCHOOLSt Louis City
Property Description
One-of-a-kind Investor's dream, Turnkey 9-Family + commercial space in South City Excellent cash-flowing opportunity just minutes from I-55, Anheuser Busch, Lemp Brewery! This fully renovated 9-family building offering privacy and convenience. 8/9 units are rented at $750/m - one unit is owner occupied. It took less than a month to lease up 8/9 units in the building and they are all summer leases! Additionally a 4 bay commercial building in the front of the lot will be included in the sale. The commercial units can easily be turned into residential units for additional cashflow opportunity. Each unit has been thoughtfully updated with new electric meters, new water heaters, brand-new electrical, plumbing, new drywall, new hybrid mini splits, ensuring low maintenance for years to come. Interiors feature new hardwood flooring, white shaker cabinets, gas stovetops, refrigerators, and laundry hookups and stackable washer/dryer in dedicated closets. The basement has individual storage lockers dedicated for each unit. All units have private rear access, with the building situated behind a commercial space for added seclusion.A true turnkey asset in a great rental market-perfect for any investor looking for strong returns and long-term stability.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Storage Space
Cooling: Multi Units, Other
Heating: Electric
Home Style: Traditional
Lot Size: 0.22 Acres
Taxes: $1,750
Year Built: 1910
Feature Descriptions
Days on Site: 330
Exterior: Brick
Parcel#: 1552-05-0140-7
Units: 9
Local Schools
High School: Roosevelt High
Middle School: Long Middle Community Ed. Center
Elementary School: Monroe Elem.
School District: St Louis City
Listed By / Shown By
Listed By
Agency Name: EXP Realty, LLC
Shown By
Agent Name: Marti Merrifield
Agent Phone: 314.614.1985
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 4,020.20 per month $3,677.50 Principal & Interest $145.83 Property Tax $196.88 Homeowner's InsuranceChange Payment Information
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3659 S Broadway | MLS# 25045848
This multi-family property located at 3659 S Broadway, Saint Louis, MO 63118 is currently listed for sale with an asking price of $675,000. S Broadway is located within the St Louis City school district. Search Saint Louis real estate on www.martimerrifield.com today.