SoldMar 1, 2021

Listed by Jaymes Dearing and Zachary Naeger from RE Source

, 

Bought with Kelsey Snell from Garcia Properties

Source: Mid America Regional Information Systems, Inc. #20075289

4014 South Broadway, St. Louis, MO, 63118

Amount undisclosed

9278 sq. ft.

MultiFam

•

30+ days on the market

Sold: Mar 1, 2021

What's around 4014 South Broadway

About this property

Price Reduced! Fantastic investment opportunity! Large, three story, multi-purpose building close to bus stops, hospital, and I-55 access. Property offers two large 2 bed(possibly 3)2 bath townhouses with high ceilings, exposed brick, and generously sized rooms. At street level, there are two commercial spaces with open floor plans, bathroom, and large windows. One of the residential units will need only minor repairs, but the other will need a complete rehab. The walls are stripped down to the studs with much of the electric and plumbing rough-in completed. This building also offers ample off-street parking behind the building. This would be the perfect opportunity for an investor/contractor looking for a rental property that's willing to put in the work. Each of the commercial spaces could possibly rent out for $650 a month and the completed townhouse was renting for $850. Possible gross rent of $3,000 monthly!

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