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About the Listing MOGL01 - BRIMILLE
Turnkey 8-family investment opportunity! This fully renovated apartment building offers immediate cash flow with the major capital improvements already completed, allowing a new owner to focus on maximizing returns instead of costly renovations. The property features four 1-bedroom units and four 2-bedroom units with extensive renovations completed throughout 2023-2025. Every apartment has been updated with modern finishes including new flooring, fresh paint, updated kitchens with new countertops, sinks, faucets and appliances, renovated bathrooms, new lighting, doors, trim, blinds, and updated electrical devices. Major mechanical improvements include new through-wall A/C units and seven new furnaces, providing long-term reliability and reduced maintenance. The common areas have also been completely refreshed with new carpet, LVP flooring, stair treads, updated lighting, professionally restored railings, cleaned basement, tenant storage areas, washer/dryer hookups, and an owner storage room. Exterior improvements include a newer roof (2022), exterior lighting, landscaping improvements, and off-street parking for approximately five vehicles. Current annual gross rental income is approximately $80,880 with professional property management already in place. Operating expenses are well documented, making underwriting simple for investors. This is an ideal acquisition for buyers seeking a stabilized, low-maintenance multifamily asset with significant recent capital improvements and long-term appreciation potential. The property is fully occupied so showings are with an accepted contract.
Listing Highlights
Status
Active
Days on Site
14
Property Type
Multi-Family
MLS ®
26041459
Year Built
1963
Total Square Footage
5,800
Lot/Acreage
0.13
County
St Louis City
Neighborhood
Louisiana Heights Add
Area
3 - South City
School District
St. Louis City
Elementary School
Woodward Elem.
Middle School
Long Middle Community Ed. Center
High School
Roosevelt High
Interior Details
- Bedrooms: 12
- Bathrooms: 8 Full
- Appliances: Stainless Steel Appliance(s), Dishwasher, Electric Oven, Refrigerator
- Air Cond: Wall Unit(s)
- Heating: Forced Air,Natural Gas
- Fireplaces: 0
- Floor: Luxury Vinyl
- Above Ground Sq Ft: 8700
- Below Ground Sq Ft: 0
- Basement: 8 ft + Pour,Walk-Up Access
- Other:
- Water: Public
Exterior Details
- Lot Description: Level
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof: Flat
- Others: Updated/Remodeled
- Sewer:
- Parking Features: Asphalt,Parking Pad
Financial Details
- Tax Amount: $4,103
- Taxes w/Assessments: N/A
- Tax/Property ID: 2740-00-0210-0
- Tax Year: 2025
Payment Calculator
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Questions About..
4615 Virginia Ave St Louis, MO 63111
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