Sold

8440 N Broadway, St Louis, MO 63147

Sqft
9,632

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

Listed byWorth Clark Realty
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Overview

Price dropped for a quick, as-is 2025 closing! This is a turnkey, 100% occupied complex with value-add opportunity.

All 18 units in 2 turnkey buildings are occupied & generating excellent cashflow - 2024 NOI was $100,000+++. Plus, there is an opportunity to make this 18-unit into a 24-unit if desired! The (4) 4-bed / 2 ba units could easily be reconverted back into 8 units, plus 2 units could be recreated in the lower level to make 24 units, as originally designed. Gated complex w/ parking. New roofs on both buildings. New sewer lateral line. Units have already been renovated but could be made even nicer for higher rents. There was a small fire a couple years ago that affected 2 units; both have been fully remedied and renovated, with proper permits. Contractor bids for ~ $450,000 to convert back to 24-units, add storage lockers & 2 coin laundry rooms (in each building's lower level) to increase cashflow, completely remodel all units, and update some mechanicals. All of that could be

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
9,632
Lot size (acres)
0.56
Year built
1964

Interior features

Basement
Yes, Unfinished

Exterior features

Area amenities
Gated Community

Utilities

Heating
Forced air, Electric
Cooling
Central air, Electric, Window unit(s)
Sewer
Public sewer
Water
Public

Taxes

Tax Annual Amount (2024)
$7,210

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®#: 25016792 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.