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6535 Bartmer Avenue

University City MO 63130

1800 sq. ft.
4382 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Immediate cash flow on this all brick duplex. Located in the heart of sought after University city, this turnkey fully occupied money maker is perfect for investors looking for a no hassle rental with an unbelievable ROI to add to your portfolio. Freshly renovated in 2023 the property features a new roof, spot tuck pointing, refinished original hardwood floors, stainless steel appliances, upgraded electric and plumbing with modern finishes. The lower level is a 1 bed 1 bath with all the charm we would expect from an early 19th century St. Louis home. The property also features modern finishes which will keep the tenants with updated living for years to come. Both units are currently on a 2 year corporate lease with the lower level leased for $1,000 per month and the upper level for $1150 which will give the new owner a ROI 10%. The property currently has property management in place and paid through 2025. Blocks away from Delmar Loop and Washington University expansion. Make an offer!

Features

1800 sq. ft. floor area
4382 sq. ft. lot size
Multi-Family

Property history for 6535 Bartmer Avenue

2022
Sold
Undisclosed
24 Oct 2022 by David Wilen, of Realty Exchange

Happy sellers in University City

88%
88% of sellers in University City reported that their sale price either exceeded or met their price expectations.

University City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in University City over the last 12 months.

Local market activity for multi families in University City

In the last 12 months, 14 multi families similar to 6535 Bartmer Avenue, have been sold.

This represents a 70% increase in multi families sales when compared to the previous 12 months.

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