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About the Listing WCLK01 - JUCARTER,JUCARTER2
All 18 units in 2 turnkey buildings are occupied & generating excellent cashflow - 2024 NOI was $100,000+++. Plus, there is an opportunity to make this 18-unit into a 24-unit if desired! The (4) 4-bed / 2 ba units could easily be reconverted back into 8 units, plus 2 units could be recreated in the lower level to make 24 units, as originally designed. Gated complex w/ parking. New roofs on both buildings. New sewer lateral line. Units have already been renovated but could be made even nicer for higher rents. There was a small fire a couple years ago that affected 2 units; both have been fully remedied and renovated. Contractor bids for ~ $450,000 to add storage lockers & 2 coin laundry rooms (in each building's lower level) to increase cashflow, completely remodel units, update some mechanicals, convert (4) 4-beds back to 8 units & add 2 units in lower level. All of that could be deferred or entirely skipped. The options are endless. Slam dunk on cashflow. Owner selling due to living out of state. Landlord pays trash, water & sewer. Tenants pay power.
Listing Highlights for 8440 N Broadway
Status
Active
Days on Site
130
Property Type
Multi-Family
MLS ®
25016792
Year Built
1964
Total Square Footage
9,632
Lot/Acreage
0.56
County
St Louis City
Neighborhood
Hornsby Addition
Area
5 - North
School District
St. Louis City
Elementary School
Herzog Elem.
Middle School
Yeatman-Liddell Middle School
High School
Vashon High
Interior Details
- Bedrooms: 1
- Bathrooms: 1 Full
- Appliances: Electric Water Heater
- Air Cond: Central Air,Electric,Window Unit(s)
- Heating: Forced Air,Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 9632
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 201X121
- Roof:
- Others: Balcony
- Sewer: Public Sewer
- Parking Features: On Street,Open,Parking Lot,Unassigned
Financial Details
- Tax Amount: $7,210
- Taxes w/Assessments: N/A
- Tax/Property ID: 4293-00-0050-0
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
8440 N Broadway St Louis, MO 63147
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