UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 1,840 sqft
Price per Sqft $81
Subdivision Gamaches Add
MLS Listing ID 26048130
Style Apartment Style
Year Built 1905
Annual Tax Amount $638
Lot Size 2,378 Sqft
Acres 0.0546
Property Sub-Type 2-4 Units
Property Description
Well-maintained all-brick, two-story duplex featuring two spacious 2-bedroom, 1-bathroom apartments. This income-producing property has been well cared for and includes several major capital improvements, including a **new roof**, **new gutters**, **new sewer lateral line**, and **two new electric water heaters**.
The exterior is in **very good condition**, offering excellent curb appeal and requiring little to no immediate exterior maintenance. Each unit features a spacious living room, functional kitchen, full bathroom, and two comfortable bedrooms. A full walk-up basement provides convenient access and includes separate laundry areas for both units.
The property is occupied by long-term tenants who would like to remain. The first-floor tenant has been in place for over three years, and the second-floor tenant for over five years. Interior cosmetic updates or TLC could be completed if the units become vacant, providing an opportunity to increase value and rental income.
Conveniently located near **Carondelet Park**, with quick access to Interstate 55, close to local shopping, restaurants, and everyday commerce, and just minutes from downtown St. Louis and major sporting venues. A solid addition to any investment portfolio with stable occupancy and future upside.
Location
State MO
County St Louis City
Area 3 - South City
Rooms
Basement Other, Unfinished, Walk-Up Access
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
View Y/N No
Building
Structure Type Brick
Schools
Elementary Schools Woodward Elem.
Middle Schools Lyon-Blow Middle
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, FHA 203(b), FHA 203(k), Other, Private
Listing Terms 1031 Exchange, Cash, Conventional, FHA, FHA 203(b), FHA 203(k), Other, Private
Special Listing Condition Standard
Nearby School & Business
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