Multi Family In St Louis

Why just buy a home when you could buy an investment, too? This Soulard 4-family offers a great opportunity to own income-producing real estate while keeping your own housing costs in check. Live in the vacant two-bedroom unit and let the rent from the other three apartments help pay your mortgage. Or rent out all four and add another income-producing property to your portfolio! The three one-bedroom apartments are already occupied, so you’ll have rental income coming in from day one. Each features a living room, dining area, kitchen, full bath and private bedroom, plus there’s coin-operated laundry in the basement. The vacant two-bedroom apartment has its own rear entrance and a townhome-style layout, with a living room, kitchen and half bath on the main level and two bedrooms, a full bath and laundry hookups upstairs. Outside, you’ll find off-street parking for four cars, covered decks and a generously sized fenced yard. And here’s a big bonus: the building underwent a complete historic renovation in 2011. Originally built in 1885, it has all the character you’d expect from a historic Soulard property without the outdated electrical and plumbing systems that can make older buildings a headache. Plus it got a new roof in 2021! The location is another major selling point. McGurk’s, Tucker’s, Molly’s and countless other neighborhood restaurants, shops and local favorites are all just a short walk away. It’s the kind of location that makes Soulard so desirable for renters and owners alike. Whether you’re ready to take your first step into investment real estate, want to live more affordably by having tenants help cover your expenses, or are looking to grow your rental portfolio, this property gives you plenty of options. And don’t get buried in the Zillow shuffle! Contact me, the listing agent, directly to schedule your private tour.