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The Southern Illinoisan
For Sale For Rent
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bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
3,922
acreage
Acreage
0.1435
open houses
Open Houses
-
year built
year built
1909
full baths
Full Baths
0
half baths
Half Baths
0
Prime investment opportunity in the heart of South City! This value-add property offers a chance for investors to step in and complete the finishing touches on an already extensively renovated building. Featuring spacious 3-bedroom, 2-bath townhome-style units—highly sought after and commanding top market rents—this property is primed for strong cash flow and equity growth. Priced competitively, investors can capture built-in equity while achieving significant monthly returns Sales comps show a similar duplex pending at $379,000, with smaller 2-bed, 1-bath duplexes selling for up to $320,000. With rental projections up to $1,600/month per unit and a projected DSCR of 1.8, this investment is both low-maintenance and high-yielding. Whether you're a new investor, a seasoned pro, or a house-hacker looking to offset living expenses with some sweat equity, this property is an excellent opportunity to build long term wealth. Seller Prefers to sell property as-is in current condition.
Location
Subdivision St Louis Commons Add
County St Louis City
Elementary School Froebel Elem.
Middle School Long Middle Community Ed. Center
High School Roosevelt High
open houses Open houses
None scheduled.
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MLS number: 25008909
Listing agent: Matthew Guignon #2018041115
Listing broker: Invest St. Louis (314) 255-5117
Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Tuesday, March 11 2025 at 4:40 p.m. EDT
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