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About the Listing MOGL01 - BRIMILLE
Don't miss this opportunity to acquire a fully updated, professionally managed four family property in South City, just two blocks from the Historic Cherokee Street District! The numbers work from day one. Three tenants are already in place with current rents of $635, $650, and $650. A huge upside for investors and owner occupants alike. Rents in this area are pushing $750–$800 per unit, meaning a savvy investor can capture an additional $465–$615 per month in gross income simply by bringing rents to market. For the owner occupant, this is your house hack. One vacant unit is move in ready with a passed occupancy inspection, allowing you to live in one unit while your tenants pay down your mortgage. Few opportunities in this price range offer this level of immediate flexibility. What sets this property apart: All four units updated during seller's ownership. Newer LVP flooring throughout with spacious layouts in every unit. Professionally managed with quality tenants already in place. Many major expenses have already addressed by the seller including tuck pointing, roof repairs, full unit rehabs, and sewer lateral work. Much of the heavy lifting has been done. You're buying stabilized cash flow with a clear path to increased returns. The second floor units feature private bedrooms. The first floor units offer walk through bedroom layouts. The 1st floor vacant unit and left-side basement are available for immediate showings. Occupied units available with accepted contract. **No seller financing** Schedule your showing today!
Listing Highlights
Status
Active
Days on Site
84
Property Type
Multi-Family
MLS ®
26013980
Year Built
1915
Total Square Footage
3,350
Lot/Acreage
0.12
County
St Louis City
Neighborhood
St Louis Commons Add
Area
2 - Central East
School District
St. Louis City
Elementary School
Froebel Elem.
Middle School
Long Middle Community Ed. Center
High School
Roosevelt High
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances: Built-In Gas Oven, Refrigerator
- Air Cond: Window Unit(s)
- Heating: Forced Air
- Fireplaces: 4, Living Room
- Floor: Luxury Vinyl
- Above Ground Sq Ft: 3350
- Below Ground Sq Ft: 0
- Basement: Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Level
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof: Flat
- Others: Updated/Remodeled
- Sewer:
Financial Details
- Tax Amount: $764
- Taxes w/Assessments: N/A
- Tax/Property ID: 1574-00-0360-0
- Tax Year: 2025
Payment Calculator
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Questions About..
2835 Miami St St Louis, MO 63118
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