$139,900
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5424 Michigan Avenue St Louis, MO 63111
Multi-Family
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PRICE REDUCED! affordable duplex in Carondelet. Two units at about 1200 square feet, have 1BD/1BA each and a ton of space. The upstairs unit has a bonus room over the stairwell that could be an office or additional sleeping space. Want something you can put your own touches on? This is it! Owner...s have cared for the building responsibly for over a decade, and refrained from cosmetic updates while renting to section 8 and St. Patrick's center. 1FL Accepted Lease starting 9/13/24, 2FL anticipates a renter move in before 10/1 so now is your chance to house hack, add value, or anything else you may desire! Currently there is one occupancy permit and the second is anticipated next week. Seller prefers to allow buyers their options to do as they please with the next tenants, but may consider placing tenants within their current programs. Easy access to highway 55! Bot units are about to rent for 775/month (current condition), meaning this could perform well above the 1% rule.
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MLS#
24050688
Property Type
Multi-Family
Year Built
1906
Sewer
Public Sewer
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