5516 S Grand Boulevard

St Louis, MO 63111
  • $290,000

    Price
  • 3

    Bed
  • 3

    Bath
  • 3,672

    SqFt

About the Listing MOGL01 - BRIMILLE

Investor’s Dream in South City! Fully occupied 4-family in Carondelet generating $2,900 per month in gross rent and professionally managed for true turnkey convenience. Each unit has been fully renovated—featuring modern kitchens, updated bathrooms, and durable LVP flooring throughout. Photos were taken prior to tenants move in, and are of unit 1N and 2S. All units are identical in layout and finishes. Major updates include a new roof and new right-side plumbing stack, offering peace of mind for years to come. Electric panels are newer and electric in basement has been updated along with PEX plumbing. Tenants enjoy comfortable updated living spaces, while owners benefit from strong cash flow and minimal maintenance. Leases all expire in May of 2026 giving you immediate cash flow. Off street parking in the back for the tenants. Conveniently located off Grand for easy access to all the great things South City has to offer, and public transportation. This would a make perfect addition to any investment portfolio! Showing an accepted contract. No Seller Financing. Could be bought in a package deal with 4124 Virginia (MLS# 25076198). Seller will have two more four families available soon.

Listing Highlights

Status Active
Days on Site 34
Property Type Multi-Family
MLS ® 25076144
Year Built 1924
Total Square Footage 3,672
Lot/Acreage 0.14
County St Louis City
Neighborhood Eilers Add
School District St. Louis City
Elementary School Woodward Elem.
Middle School Lyon-Blow Middle
High School Roosevelt High

Interior Details

  • Bedrooms: 3
  • Bathrooms: 3 Full
  • Appliances: Gas Oven, Refrigerator
  • Air Cond: Window Unit(s)
  • Heating: Forced Air,Natural Gas
  • Fireplaces: 0
  • Floor: Luxury Vinyl
  • Above Ground Sq Ft: 3627
  • Below Ground Sq Ft: 0
  • Basement: Unfinished,Walk-Out Access
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Level
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Roof: Flat
  • Others: Updated/Remodeled
  • Sewer:
  • Parking Features: Concrete,Off Street

Financial Details

  • Tax Amount: $1,698
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 2846-00-0050-0
  • Tax Year: 2024

Payment Calculator

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5516 S Grand Boulevard St Louis, MO 63111

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Originating MLS: maris2

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