Sold

6146 Morganford Road, St Louis, MO 63116

Sqft
2,552

View property features, location on map, relevant school information and overview from seller's agent.

Listed byReal Broker LLC
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Overview

Turnkey, Fully Occupied 4-Family Investment Opportunity in Bevo Mill, located just blocks from Carondelet Park and Christy Park, this well-maintained 4-family building offers an excellent opportunity to grow your investment portfolio. Each unit features a true bedroom in the rear and one full bathroom. The property is currently generating a Net Operating Income (NOI) of $26,231, with rents currently below market, offering upside potential. Three of the four units present an opportunity for value-add upgrades to achieve market-rate rents this fall. Key Updates and Features: All four units have brand-new HVAC systems installed in December 2024. Sewer lines under the building were upgraded to PVC in 2024, including both stacks and partial replacement to the yard vent (connection to the city main is unknown). Three of the four water heaters have been replaced within the past six years. The rear parking pad provides off-street parking for all four tenants. All units are currently leased. This is a low-maintenance property that has been well-maintained. Tenants will not be disturbed without an accepted contract. Viewings of the basement may be arranged for serious buyers with proof of funds and the listing agent accompanying. Please note: Sellers won't consider offers involving seller creative financing. However, we welcome offers that are cash or backed by Conventional, Cash, or private financing.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
2,552
Lot size (acres)
0.10
Year built
1942

Interior features

Basement
Yes, Unfinished

Utilities

Heating
Forced air, Natural gas
Cooling
Central air
Water
Public

Taxes

Tax Annual Amount (2024)
$2,931

Public schools

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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®#: 25046831 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.