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About the Listing MADA01 - KBRESNAH
Fully occupied, newly renovated 7-unit historic building in the heart of Benton Park. Over $250,000 in improvements completed, making this a turnkey investment opportunity with strong income potential. Currently performing at an 7% cap, with upside potential through rent improvements. Beautiful new interior features include in-demand layouts with modern kitchens (white cabinets with granite, stainless appliances, tiled floors, new hardware and lighting), newly installed in unit laundry with w/d included, new flooring and fresh paint throughout, baths include subway tiled bath/showers, new vanity, and fixtures. Bedrooms with lots of closets, panel doors, and plenty of natural light throughout. Exterior improvements include tuckpointing, sewer lateral, landscaping and more. Some new HVAC and hot water heaters. Each unit with Individual systems and electric panels. Ideal for investors seeking a low-maintenance property in a strong rental area. Close to restaurants, parks, public transportation, and major highways. This listing is part of a multi-property portfolio available as a package deal. Buyer has the opportunity to purchase 3 additional buildings for a total of 15 units. Properties are fully leased and offer strong current performance with upside potential. Contact listing agent for full package details, addresses, and financials.
Listing Highlights for 1956 Sidney St
Status
Active
Days on Site
63
Property Type
Multi-Family
MLS ®
25045609
Year Built
1887
Total Square Footage
8,435
Lot/Acreage
0.13
County
St Louis City
Neighborhood
Fairmonts Add
Area
2 - Central East
School District
St. Louis City
Elementary School
Sigel Elem. Comm. Ed. Center
Middle School
Fanning Middle Community Ed.
High School
Roosevelt High
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances: Dishwasher, Disposal, Microwave, Gas Range, Refrigerator, Washer/Dryer
- Air Cond: Central Air
- Heating: Forced Air
- Fireplaces: 1, Family Room
- Floor: Hardwood
- Above Ground Sq Ft: 8435
- Below Ground Sq Ft: n/a
- Basement: Crawl Space
- Other: Custom Cabinetry,Eat-in Kitchen,Entrance Foyer,Granite Counters,High Ceilings,Kitchen/Dining Room Combo,Open Floorplan,See Remarks,Shower,Tub
- Water: Public
Exterior Details
- Lot Description: Corner Lot
- Garage Capacity: N/A
- Roof:
- Others: Courtyard,Updated/Remodeled
- Sewer:
- Parking Features: Alley Access,Off Street
Financial Details
- Tax Amount: $4,365
- Taxes w/Assessments: N/A
- Tax/Property ID: 1798-00-0010-0
- Tax Year: 2024
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Listing Location
Questions About..
1956 Sidney St St Louis, MO 63104
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