2722 Miami Street, St Louis, MO 63118
- Sqft
- 6,828
View property features, location on map, relevant school information and overview from seller's agent.
- 0
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Overview
2722 Miami Street offers a fully renovated 6-unit multifamily building in the heart of South City, St. Louis, with each unit featuring 2 bedrooms and 2 bathrooms. A full gut rehab was completed in 2020, including new plumbing, electrical, water heaters, roof, flooring, modern kitchens with updated appliances, and in-unit washer/dryers.
Miami Street delivers a 9.70% gross cap rate when fully occupied. Currently, 5 of 6 units are rented, with a pro forma of $7,200 monthly income and roughly $65,860 annual NOI. Each renovated 2-bed, 2-bath unit earns above-market rents, offering investors a turnkey, high-return asset with immediate cash flow.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Square feet
- 6,828
- Lot size (acres)
- 0.05
- Year built
- 1880
Interior features
- Basement
- Yes
Utilities
- Heating
- Forced air
- Cooling
- Central air
- Water
- Public
Taxes
- Tax Annual Amount (2024)
- $1,874
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: MARIS MLS MLS®#: 25069073 Last checked: …
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.