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About the Listing MADA01 - DNATIONS
Welcome to Chadwell Arms! This brick, two-story, 20-unit building in the heart of St. Louis City's Princeton Heights neighborhood, is currently 95% occupied with strong, stable cash flow bringing in roughly $169,000 a year in gross rental income. Many units have been recently renovated with new flooring, updated kitchens featuring new countertops and cabinetry, and modernized bathrooms, and the basement laundry room has been updated as well, offering tenants convenient on-site coin laundry and you another income generating opportunity. Parking is a breeze with a private rear lot offering 15 spaces in addition to street parking. Tucked into a quiet, tree-lined pocket near where Kingshighway meets Gravois, the building has a genuine neighborhood feel with easy access to local shops, schools, grocery stores, and gas stations, plus neighborhood dining favorites like Onesto's Pizzeria, Pizzeria Tivoli, and Cafe Nova just minutes away. Outdoor space is close by too, with Joseph R. Leisure Park and Christy Park just a few blocks away and Wilmore Park a short drive down Gravois. Commuters will appreciate quick access to both I-55 and I-44, putting all of Downtown St. Louis within easy reach. A move-in-ready, turnkey investment offering both immediate cash flow and long-term stability.
Listing Highlights
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances: Free-Standing Gas Range, Refrigerator, Free-Standing Refrigerator, Gas Water Heater
- Air Cond: Central Air,Electric
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor: Carpet,Concrete,Laminate,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: 8 ft + Pour,Concrete,Full,Storage Space,Unfinished,Walk-Out Access
- Other: Dining/Living Room Combo,Laminate Counters,Storage
- Water: Public
Exterior Details
- Lot Description: Corner Lot,Level
- Garage Capacity: N/A
- Roof: Flat,Membrane
- Others: Balcony,Updated/Remodeled
- Sewer:
- Parking Features: Additional Parking,Asphalt,Common,Off Site,Open,Parking Lot,Paved
Financial Details
- Tax Amount: $9,998
- Taxes w/Assessments: N/A
- Tax/Property ID: 6174-00-0010-0
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
4770 Kings Dr St Louis, MO 63116
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