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About the Listing SLRG01 - TMCCARTH
2722 Miami Street offers a fully renovated 6-unit multifamily building in the heart of South City, St. Louis, with each unit featuring 2 bedrooms and 2 bathrooms. A full gut rehab was completed in 2020, including new plumbing, electrical, water heaters, roof, flooring, modern kitchens with updated appliances, and in-unit washer/dryers. Miami Street delivers a 9.70% gross cap rate when fully occupied. Currently, 5 of 6 units are rented, with a pro forma of $7,200 monthly income and roughly $65,860 annual NOI. Each renovated 2-bed, 2-bath unit earns above-market rents, offering investors a turnkey, high-return asset with immediate cash flow.
Listing Highlights
Status
Active With Contingency
Days on Site
68
Property Type
Multi-Family
MLS ®
25069073
Year Built
1880
Total Square Footage
6,828
Lot/Acreage
0.05
County
St Louis City
Neighborhood
Quinette Add
Area
2 - Central East
School District
St. Louis City
Elementary School
Froebel Elem.
Middle School
Fanning Middle Community Ed.
High School
Roosevelt High
Interior Details
- Bedrooms: 2
- Bathrooms: 2 Full
- Appliances: Stainless Steel Appliance(s)
- Air Cond: Central Air
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 6828
- Below Ground Sq Ft: n/a
- Basement: 8 ft + Pour
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others: Updated/Remodeled
- Sewer:
Financial Details
- Tax Amount: $1,874
- Taxes w/Assessments: N/A
- Tax/Property ID: 1641-00-0190-0
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Years
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Questions About..
2722 Miami St St Louis, MO 63118
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