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1942 Clara Avenue

St Louis, MO 63112

Property Overview
Price: $114,900
City: St Louis
County: St Louis City
Sale/Lease: Sale
Status: Active
MLS Number: 25073377
Property Description
Motivated Seller!!! Don't miss this cash-flowing opportunity in the historic Wells-Goodfellow neighborhood. Previously a four family, this has been converted to two townhouse style units each containing three bedrooms and two bathrooms. Each unit's main floor contains a living room, dining room, large eat-in kitchen, and a half bath. Upstairs there are 3 bedrooms and a full bath. This investment offers a potential buyer flexibility with both tenants being on month to month leases. This building brings in $1,500 per month with long term paying tenants- so you're doing much better than the "1% rule". While this one delivers a great return as-is, there is plenty of upside to upgrade the units and get significantly higher rent. Priced to move to bring us your offer! Showings only with an accepted contract. Owner is a licensed agent. Potential to package this deal with 5892 Highland Ave just blocks away-make us an offer for both!
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Featured Agent
Daun Gooding Holdmeyer
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Listing Brokered by Tower Real Estate Group
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