Here’s your chance to own an amazing income generating 7-unit building in St. Louis County! With over $3,900/month of immediate income and zero vacancy, you can gain instant cash flow off the bat. There are some recent updates and you can enjoy peace of mind with most leases ending in summer 2025! Earn over 10% ROI & 3X the debt service + OE with low maintenance units! There are six one-bedroom units that feature four rooms. Rents for the one-bedroom units are $500/month & $525/month, respectively. There are no shotgun units in this building! There is also one 2-bedroom unit leased at $800/month. All units feature forced heat and central air. The basement is large and includes 7 w/d hookups, 7 storage units, and ample space. There are two two-car tuck under garages that can store up to four vehicles in each garage. Plus there is additional covered parking in the rear. This property is truly a gem. Located just minutes away from major thoroughfares, amenities and shops.
9234 Sundown Drive (MLS #24064999) is a multi-family listing located in St Louis, MO.
This multi-family listing is 8,448 sqft and on a lot of 10,454 sqft (or 0.24 acres) and is 64 years old. This property was listed on 10/14/2024 and has been priced for sale at $299,900.
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Listing information courtesy of: Ascend Real Estate Advisors
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