Fully occupied, newly renovated 7-unit historic building in the heart of Benton Park. Over $250,000 in improvements completed, making this a turnkey investment opportunity with strong income potential. Currently performing at an 7% cap, with upside potential through rent improvements. Beautiful new interior features include in-demand layouts with modern kitchens (white cabinets with granite, stainless appliances, tiled floors, new hardware and lighting), newly installed in unit laundry with w/d included, new flooring and fresh paint throughout, baths include subway tiled bath/showers, new vanity, and fixtures. Bedrooms with lots of closets, panel doors, and plenty of natural light throughout. Exterior improvements include tuckpointing, sewer lateral, landscaping and more. Some new HVAC and hot water heaters. Each unit with Individual systems and electric panels. Ideal for investors seeking a low-maintenance property in a strong rental area. Close to restaurants, parks, public transportation, and major highways. This listing is part of a multi-property portfolio available as a package deal. Buyer has the opportunity to purchase 3 additional buildings for a total of 15 units. Properties are fully leased and offer strong current performance with upside potential. Contact listing agent for full package details, addresses, and financials.
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Listing Snapshot
Price
$1,450,000
Days On Site
47 Days
Bedrooms
N/A
Inside Area (SqFt)
8,435 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.132 Acres
Year Built
1887
MLS® Number
25045609
Status
Active
Property Tax
$4,365
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records
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Listing courtesy of Keller Williams Realty St. Louis
Based on information submitted to the MLS GRID as of 2025-08-22 01:42 PM UTC.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently reviewed
and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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