UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,186 sqft
Price per Sqft $109
Subdivision Garveys Add
MLS Listing ID 26057257
Style Historic
Year Built 1911
Annual Tax Amount $4,418
Lot Size 5,248 Sqft
Acres 0.1205
Property Sub-Type 2-4 Units
Property Description
The 2nd-floor unit is currently occupied by a good-standing long-term tenant with a lease through April 30, 2027, providing immediate rental income and stability from day one. The 2F also features in-unit laundry, an attractive amenity for tenants and a valuable feature for long-term rental appeal. This unit features two large bedrooms, one smaller bedroom and one full bath.
The 1st-floor unit is recently vacant, providing an opportunity for a new owner to refresh and update the space to their preferences. The spacious first floor features two large bedrooms, an additional pass-through/bonus room, 1.5 baths, original flooring, and access to laundry hookups in the basement. Investors can capitalize on the vacant unit's potential to improve the property and maximize future rental income, while owner-occupants can make the first floor their home and benefit from rental income generated by the established 2nd-floor tenant.
Located in the sought-after Shaw neighborhood, this duplex provides a compelling opportunity to own an income-producing property with flexibility and upside.
Whether you're a seasoned investor or a buyer looking for a smart way to offset your housing costs, this property offers the opportunity to build value while benefiting from an established rental arrangement.
Location
State MO
County St Louis City
Area 3 - South City
Rooms
Basement Storage Space, Unfinished, Walk-Out Access
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
Parking Features false
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
Building
Water Public
Structure Type Brick
Schools
Elementary Schools Mann Elem.
Middle Schools Fanning Middle Community Ed.
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Listing As Is, Standard
Nearby School & Business
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