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$450,000
Est. payment /mo
3,420 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 3,420 sqft
Price per Sqft $131
Subdivision Darnell
MLS Listing ID 26053820
Style Other
Year Built 1924
Annual Tax Amount $4,889
Lot Size 3,105 Sqft
Acres 0.0713
Property Sub-Type 2-4 Units
Property Description
Excellent investment opportunity at 1916 Serbian Drive in St. Louis! This well-maintained 4-unit residential building offers immediate rental income with 3 of the 4 units currently occupied, making it an attractive option for both seasoned investors and those looking to expand their rental portfolio.
All four units are fully furnished and rent for $1,400 per month per unit, providing a strong income-producing opportunity. The sale includes all furnishings and appliances, allowing a new owner to step into an established, turnkey rental property without the additional expense of furnishing the units.
With one unit currently available, a new owner has the potential to increase rental income by leasing the remaining unit, bringing the property to full occupancy.
Property Highlights:
4 residential units
3 units currently occupied
$1,400/month rent per unit
Potential gross rental income of $5,600/month at full occupancy
$67,200 potential annual gross rental income
All units furnished
Appliances included
Furnishings included in the sale
Turnkey investment opportunity
One vacant unit provides immediate upside potential
Whether you're looking for a cash-flowing investment or an opportunity to build your rental portfolio, this property offers established rental income, furnished units, and additional upside through full occupancy. Don't miss this opportunity to own an income-producing multifamily property in St. Louis!
All four units are fully furnished and rent for $1,400 per month per unit, providing a strong income-producing opportunity. The sale includes all furnishings and appliances, allowing a new owner to step into an established, turnkey rental property without the additional expense of furnishing the units.
With one unit currently available, a new owner has the potential to increase rental income by leasing the remaining unit, bringing the property to full occupancy.
Property Highlights:
4 residential units
3 units currently occupied
$1,400/month rent per unit
Potential gross rental income of $5,600/month at full occupancy
$67,200 potential annual gross rental income
All units furnished
Appliances included
Furnishings included in the sale
Turnkey investment opportunity
One vacant unit provides immediate upside potential
Whether you're looking for a cash-flowing investment or an opportunity to build your rental portfolio, this property offers established rental income, furnished units, and additional upside through full occupancy. Don't miss this opportunity to own an income-producing multifamily property in St. Louis!
Location
State MO
County St Louis City
Area 2 - Central East
Interior
Cooling Ceiling Fan(s), Central Air, Electric
Fireplace N
Exterior
View Y/N No
Private Pool false
Building
Structure Type Brick
Schools
Elementary Schools Sigel Elem. Comm. Ed. Center
Middle Schools Fanning Middle Community Ed.
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
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Listed by Karan Madra • Worth Clark Realty
Nearby School & Business
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