For Sale

Listed by Kelley Hoffman from Provident Property Management

Source: Mid America Regional Information Systems, Inc. #26031980

S Broadway St. Louis MO 63111

$75,000

2010 sq. ft.
2949.01 sq. ft.

MultiFam

4 days on the market

About this property

Excellent value-add opportunity in an improving South City corridor . Previously renovated duplex (some photos included) with strong upside potential as redevelopment activity continues nearby, including the adjacent property currently under contract for renovation. Ideal opportunity for investors looking to capitalize on neighborhood growth before values increase further. (Market Rents in the area approx. $815 - $897) Much of the current condition issues consist of cosmetic damage, cleanup, and debris removal from prior vandalism incidents. With the right vision and improvements, the property has significant potential to be restored to strong condition and income-producing use once again. Building is currently vacant and secured after unlawful entry and vandalism occurred (see additional photos). Property is double boarded and shown only with an accepted contract to avoid recurrence. Sold strictly as-is.

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