Investment Opportunity - Four-Family Brick Building This solid four-family home is a fantastic opportunity for investors or an owner-occupant looking to generate rental income. Each unit features one bedroom, one bathroom, and a functional layout. Two units are currently tenant-occupied, providing steady rental income from day one. Two units are vacant, offering the perfect chance for an owner-landlord situation or for new tenants at market rent. Attractive all-brick exterior with historic charm, arched entryways, and character-filled design. Property includes separate entrances and utilities, making management simple and efficient. Located in a neighborhood with strong rental demand, convenient access to highways, schools, and local amenities. With light updates, this building has excellent potential to increase cash flow and long-term equity. Whether you're looking for your next investment or a property to live in while tenants help pay the mortgage, this four-family is a smart choice. Don't miss this opportunity to own a versatile income property!
| MLS # | 26060628 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1906 |
| Days On Site | 38 |
| Listing Provided By | Keller Williams Marquee | Gary Seid |
| SQ Feet | 3,234 |
|---|---|
| Basement | Y |
| Acreage | 0.09 |
| Cooling | Central Air |
|---|---|
| Heating | Forced Air, Natural Gas |
| Roof | Flat |
|---|---|
| Construction Materials | Brick |
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
| Utilities | Electricity Connected, Natural Gas Connected, Water Connected |
|---|---|
| Electric | Ameren |
| Property | 1041 |
|---|
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63111 |
| Area | South City |
| Community Name | Thomas Add |
| School District | Roosevelt High |
| Elementary School | Woodward Elem. |
| High School | Roosevelt High |
| Listing VS Median (in Thomas Add) | |
Price: $210,000 low | high Med: $224,950 sqft: 3,234 low | high Med: 2,568 $ / sqft: $65 low | high Med: $96 On site: 38 low | high Med: 124 | |
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63111 |
| Area | South City |
| Community Name | Thomas Add |
| School District | Roosevelt High |
| Elementary School | Woodward Elem. |
| High School | Roosevelt High |
| Listing VS Median (in Thomas Add) | |
Price: $210,000 low | high Med: $224,950 sqft: 3,234 low | high Med: 2,568 $ / sqft: $65 low | high Med: $96 On site: 38 low | high Med: 124 | |