Description
Income-producing four family in the heart of Ballwin, located in the award-winning Rockwood School District, between Ellisville and Manchester, with quick access to Highway 141 and Manchester Rd. Four spacious units each feature 2 beds and 1 baths, making this an ideal investment for those seeking stable rental income with the ability to increase rents. Average rents for 8 two bedroom one bath apartments is $1,413 within 3 miles in the last year. All tenants are long term and month-to-month, offering flexibility for investors looking to increase rents to market rate, and maintain a hands-off, low-vacancy asset. Three units are rented at $895, with one unit rented at $800. This property would also be ideal for owner occupancy. The building has seen numerous updates, including kitchens and bathrooms, HVAC systems, plumbing, and electrical, while the roof is approximately 10 years old. Properties like this are extremely scarce in West County. Don’t miss your chance to own a fully leased, consistently performing four family in a high-demand rental area. No showings without an accepted contract.
Details
| MLS # | 25033543 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1963 |
| Days On Site | 51 |
| Listing Provided By | Invest St. Louis | Jordan Schoen |
Features
| SQ Feet | 2,925 |
|---|---|
| Basement | Y |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.29 |
Interior
| Cooling | Ceiling Fan(s), Wall Unit(s) |
|---|---|
| Heating | Forced Air |
| Appliances | Cooktop, Microwave, Oven, Range, Refrigerator |
Exterior
| Construction Materials | Brick, Vinyl Siding |
|---|
Parking
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
Taxes
| Property | 5022 |
|---|
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Listings courtesy of Maris MLS as distributed by MLS GRID.
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Contact
Learn More About This Property
| State | MO |
|---|---|
| County | St. Louis |
| City | Ballwin |
| Zip Code | 63021 |
| Area | Marquette |
| Community Name | El Dorado Heights 2 |
| School District | Marquette Sr. High |
| Elementary School | Ballwin Elem. |
| Middle School | Selvidge Middle |
| High School | Marquette Sr. High |