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33312197
33312198

2845 Meramec Street, St. Louis, MO 63118

BS
MO 2014043498
JG
MO 2011006921
Garcia Properties
Listed by Garcia Properties
$307,000
1 day on market
Updated 1 day ago

2845 Meramec Street

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,400
Units 4
Cap Rate 10.30%
Year Built 1924
Buildings 1
Stories 2
Lot Size (SqFt) 5,500
Zoning F

Fully occupied STL 4-family!

Marketing description

Income-generating, occupied 4-family! This updated brick building is the perfect opportunity to start or expand your investment portfolio. All four units have been improved with major big-ticket updates in 2018 including, but not limited: sewer lateral, 200 amp panels & electric, roof, windows, interior plumbing, updated baths/kitchens and HVAC. Each unit features a functional layout with a spacious living room, kitchen, large full bath, and 1 bedroom. Tenants enjoy off-street parking and a fenced yard, plus convenient access to public transportation. Current rents are $800 per unit with room to increase, providing solid income from day one. All tenants are currently month-to-month, but are willing to sign year leases, offering both flexibility and future stability. Don’t miss this turnkey investment opportunity!

Listing Contacts

BS
MO 2014043498
JG
MO 2011006921
Garcia Properties
Listed by Garcia Properties

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Additional Information

Name
Brittany Sheffer
License
2014043498
Brokerage
Garcia Properties
Brokerage Phone
314-353-0336
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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