NEW! Buy and sell safely with virtual options - Learn More
About the Listing RLBR01 - LHHERRER,DERMILLE
Turnkey, Fully Occupied 4-Family Investment Opportunity in Bevo Mill, located just blocks from Carondelet Park and Christy Park, this well-maintained 4-family building offers an excellent opportunity to grow your investment portfolio. Each unit features a true bedroom in the rear and one full bathroom. The property is currently generating a Net Operating Income (NOI) of $25,331, with rents currently below market, offering upside potential. Three of the four units present an opportunity for value-add upgrades to achieve market-rate rents this fall. Key Updates and Features: All four units have brand-new HVAC systems installed in December 2024. Sewer lines under the building were upgraded to PVC in 2024, including both stacks and partial replacement to the yard vent (connection to the city main is unknown). Three of the four water heaters have been replaced within the past six years. The rear parking pad provides off-street parking for all four tenants. All units are currently leased. This is a low-maintenance property that has been well-maintained. Tenants will not be disturbed without an accepted contract. Viewings of the basement may be arranged for serious buyers with proof of funds and listing agent accompanied. Please note: Seller's won't consider offers involving seller creative financing. However, we welcome offers that are cash or backed by Conventional, Cash or private financing.
Listing Highlights for 6146 Morganford Rd
Status
Active
Days on Site
60
Property Type
Multi-Family
MLS ®
25046831
Year Built
1942
Total Square Footage
2,552
Lot/Acreage
0.1
County
St Louis City
Neighborhood
Carondelet Parkview Add
Area
3 - South City
School District
St. Louis City
Elementary School
Woerner Elem.
Middle School
Long Middle Community Ed. Center
High School
Roosevelt High
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances: Gas Cooktop, Dishwasher, Disposal, Gas Oven, Gas Range, Refrigerator
- Air Cond: Central Air
- Heating: Forced Air,Natural Gas
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft: 2552
- Below Ground Sq Ft: n/a
- Basement: Full,Unfinished
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Roof: Flat
- Others: Entry Steps/Stairs
- Sewer:
- Parking Features: Off Street,Parking Pad,Paved
Financial Details
- Tax Amount: $2,931
- Taxes w/Assessments: N/A
- Tax/Property ID: 6057-00-0060-0
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Listing Location
Questions About..
6146 Morganford Rd St Louis, MO 63116
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
