Here is a wonderful opportunity to own 6 units! A four family featuring 2 BR units plus a 1/1 duplex located in the Historic Carondelet neighborhood and within walking distance to several desirable amenities: Upgraded YMCA Rec-Plex; Grocery & Retail Stores; Carondelet park with lake, trails and playgrounds; Great Rivers Greenway trails; locally-owned restaurants; and public transportation. The property underwent major renovations roughly 12 years ago with updates to major components (roof, plumbing, electrical, HVAC, kitchen, baths, etc.). All units are turn-key with eat-in kitchens, living room, in-unit laundry and fully electric systems. Due to their condition and amenities, these properties easily stay rented and offer a nice return on investment. The good news is that current rents are conservatively averaging around 5% below market creating an additional income opportunity for the future owner. This is a stable, cash-flowing investment that you’ll want to add to your portfolio.
Lot & Building Features
Appliances:Some Dishwasher(s), Washer/Dryer, Some Window Treatment(s), Some Smoke Alarm(s), Some Shower Bath(s), Some Refrigerator(s), Some Range Oven(s), Some Microwave(s), Some Disposal(s)
Assoc Fee Paid:None
Parking Description:Off Street
Lot Dimensions:76x139 ft
Community and Schools
Elementary School:Woodward Elem.
Junior High School:Lyon-Blow Middle
Senior High School:Roosevelt High
Price History of 6919 Michigan Avenue, St Louis, MO
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Listed by St. Louis Real Estate Society, Riahna Kastner & Andrew Meirink
Principal & Interest
Monthly Home Ins.
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Listing information courtesy of: St. Louis Real Estate Society
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