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1916 Serbian Dr

St. Louis MO 63104

3420 sq. ft.
3105.83 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Excellent investment opportunity at 1916 Serbian Drive in St. Louis! This well-maintained 4-unit residential building offers immediate rental income with 3 of the 4 units currently occupied, making it an attractive option for both seasoned investors and those looking to expand their rental portfolio. All four units are fully furnished and rent for $1,400 per month per unit, providing a strong income-producing opportunity. The sale includes all furnishings and appliances, allowing a new owner to step into an established, turnkey rental property without the additional expense of furnishing the units. With one unit currently available, a new owner has the potential to increase rental income by leasing the remaining unit, bringing the property to full occupancy. Property Highlights: 4 residential units 3 units currently occupied $1,400/month rent per unit Potential gross rental income of $5,600/month at full occupancy $67,200 potential annual gross rental income All units furnished Appliances included Furnishings included in the sale Turnkey investment opportunity One vacant unit provides immediate upside potential Whether you're looking for a cash-flowing investment or an opportunity to build your rental portfolio, this property offers established rental income, furnished units, and additional upside through full occupancy. Don't miss this opportunity to own an income-producing multifamily property in St. Louis!

Features

3420 sq. ft. floor area
3105.83 sq. ft. lot size
Multi-Family

Property history for 1916 Serbian Dr

2023
Sold
Undisclosed
28 Nov 2023 by Joseph Hostman, of REMAX Results | Chesterfield
2017
Sold
Undisclosed
17 Jan 2017 by Paul Sager, of REMAX Results | St Louis

Happy sellers in St. Louis

~%

We have insufficient information to provide an overview of customer satisfaction for St. Louis. Viewing the agent profiles, reviews and sales for St. Louis can provide insights for this location.

Local market activity for multi families in St. Louis

In the last 12 months, 54 multi families similar to 1916 Serbian Dr, have been sold.

This represents a 27% increase in multi families sales when compared to the previous 12 months.

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