This 8-plex apartment building located at 5154 Palm Street offers a tremendous opportunity for the right investor or developer. Situated in a growing neighborhood of St. Louis, this property is a blank canvas ready for renovation. Currently vacant and in need of significant rehab, it has the potential to be transformed into a profitable rental asset or a multi-family project. The property features 8 individual 2BR/1 Bath units, providing ample space for value-add improvements. With the right vision and investment, this building can be restored to its former glory, bringing strong cash flow and long-term value. Whether you're a seasoned investor looking for a project or a developer seeking to revitalize an area, 5154 Palm Street is an ideal opportunity. Don’t miss out on this diamond in the rough! Be Sure to check into potential funds and grants available through the city and special programs! Seller Financing May Be Available Also. Seller to Do No Repairs.
Here's Your Chance to Pick up a NEWLY -Renovated 6-Family Property with Four Fully Renovated Units! Tons of Value-add still available. All 1 Bed / 1 Bath Units. Four Units Rented with Leases and Good Paying Tenants. Renovations include - New LVP flooring, new interior paint, New Cabinetry (Select Units), New Blinds (Select Units), New Closets (Select Units), Exterior Tuck-Pointing, Exterior Paint (Doors and Front Trim). Washer and dryer connections available.
**Great Mixed Use Opportunity**There are 2 Retail Storefront Spaces on the Main Level Plus 4 Single Family Units on the Upper Level*Retail Space is Divided with separate Entrances, but could be combined*The Upper apartments have their own private entrance, each unit has a Living Room/Kitchen/Bathroom and Bedroom*Being Sold As Is, Seller to do no Repairs or Inspections*Would make a Great Retail Space for Salon, Adult Daycare, Nails, Boutique, Convenience Store, Office Space, Retail, Plus 4 income generating Single Family Rental Units*Needs Work, Being Sold As Is*
Large Commercial / Multifamily Building (three units). Cash or Flexible Seller Financing Options Available! Located on a busy street in a very active area, this property enjoys high visibility and accessibility. Take advantage of the bustling surroundings and tap into the potential of high ARV opportunity for investors and entrepreneurs. Three units, offering diverse possibilities. This property is a fixer-upper, sold AS IS, allowing you to tailor it to your vision. Ideal for those looking to add value and create a personalized space. Explore flexible financing terms directly with the owner. This presents a unique opportunity for buyers to secure this desirable property with ease. Contact your agent to discuss terms that suit your needs. Call today for more information, to discuss financing options, or to schedule a showing.
The median home value in Saint Louis, MO is $155,100. This is higher than the county median home value of $153,700. The national median home value is $338,100. The average price of homes sold in Saint Louis, MO is $155,100. Approximately 36.32% of Saint Louis homes are owned, compared to 44.89% rented, while 18.79% are vacant. Saint Louis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Saint Louis real estate agent to arrange a tour today!
Saint Louis, Missouri 63115 has a population of 302,787. Saint Louis 63115 is less family-centric than the surrounding county with 17.26% of the households containing married families with children. The county average for households married with children is 20.71%.
The median household income in Saint Louis, Missouri 63115 is $48,751. The median household income for the surrounding county is $48,751 compared to the national median of $69,021. The median age of people living in Saint Louis 63115 is 36.3 years.
The average high temperature in July is 88.5 degrees, with an average low temperature in January of 22.8 degrees. The average rainfall is approximately 42.2 inches per year, with 15.5 inches of snow per year.