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2845 Meramec Street

St Louis, MO 63118

Property Overview
Price: $307,000
City: St Louis
County: St Louis City
Sale/Lease: Sale
Status: Active
MLS Number: 26020390
Property Description
Income-generating, occupied 4-family! This updated brick building is the perfect opportunity to start or expand your investment portfolio. All four units have been improved with major big-ticket updates in 2018 including, but not limited: sewer lateral, 200 amp panels & electric, roof, windows, interior plumbing, updated baths/kitchens and HVAC. Each unit features a functional layout with a spacious living room, kitchen, large full bath, and 1 bedroom. Tenants enjoy off-street parking and a fenced yard, plus convenient access to public transportation. Current rents are $800 per unit with room to increase, providing solid income from day one. All tenants are currently month-to-month, but are willing to sign year leases, offering both flexibility and future stability. Don’t miss this turnkey investment opportunity!
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Featured Agent
Sean Goding
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Listing Brokered by Garcia Properties
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