Excellent opportunity to own an updated, low-maintenance 2-family property in the heart of Gravois Park. Both units are vacant and feature 2 bedrooms and 1 bathroom, making this a great fit for an investor seeking cash flow or a house hacker looking to live in one unit while renting the… Read More other. Major mechanical updates were completed approximately 18 months ago, including new HVAC systems for both units with new furnaces and central AC units. One unit also has a new water heater. Both units received cosmetic updates at that time, including LVP flooring throughout, tiled bathroom floors, tiled shower surrounds, updated kitchens with new cabinets, laminate countertops, backsplash, new fixtures, stainless steel appliances, and matte black light fixtures throughout. The property offers gravel parking lot in the rear. Located in South City near transportation, shopping, restaurants, bars, and everyday conveniences, this property sits in a central St. Louis location with strong rental demand. Market rents are estimated around $1,200–$1,250 per month per unit, creating an attractive entry point for someone looking to begin or expand their income-producing real estate portfolio. Read Less
Listing courtesy of DRG - Delhougne Realty Group, 636-238-3830
Listing Snapshot
Days Online
9
Last Updated
Property Type
2-4 Units
Square Ft.
2,448
Lot Size
0.1 Acres
Year Built
1911
MLS Number
26036212
30 Days Snapshot Of 63118
$278k
-5%
(avg) sold price
26
-7%
homes sold
29
-21%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Above Grade Finished Area: 2448 Sq.Ft., Above Grade Finished Area Source: Public Records, Architectural Style: "Other", Construction Materials: "Brick", Living Area: 2448 Sq. Ft., Year Built: 1911
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