INVESTMENT OPPORTUNITY! Add this classic brick four-family building to your investment portfolio! With three units currently rented and a fourth intentionally vacant for showings, this property offers immediate rental income with an opportunity for additional revenue.Current monthly rents are $725, $800, and $825, generating $2,350 per month ($28,200 annually) before leasing the fourth unit. Significant improvements include a NEW TPO ROOF (July 2024), updated electrical panels, and renovations to both second-floor units within the past year.The building features timeless brick architecture, hardwood & LVP Flooring, updated kitchens and baths in the photographed unit, and a full basement offering laundry hookups and private storage for each apartment.Whether you're expanding an established portfolio or looking for an owner occupant scenario for your multifamily investment, this four-family offers existing income, recent capital improvements, and room to grow. Schedule your showing and explore the possibilities!
Listed By
Agency Name: RE/MAX Results
Shown By
Agent Name: Jane Spooner
Agent Phone: 314.504.1131
Agency Title: RedKey Realty Leaders
Estimated Payment
$ 2,746.25 per month $2,315.46 Principal & Interest $306.83 Property Tax $123.96 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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6040 Southwest Avenue | MLS# 26067052
This multi-family property located at 6040 Southwest Avenue , Saint Louis, MO 63139 is currently listed for sale with an asking price of $425,000. Southwest Avenue is located within the St Louis City school district. Search Saint Louis real estate on www.janespooner.com today.