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545 Bates Street

St Louis, MO 63111

Property Overview
Price: $255,000
City: St Louis
County: St Louis City
Sale/Lease: Sale
Status: Pending
MLS Number: 25025704
Property Description
Investors—here’s your chance to secure 10 units in South City with strong cash flow and long-term upside. This well maintained 4-family is being sold as a package with its neighboring 6-unit building (549 Bates, MLS #25026801), offering a rare opportunity to acquire a turnkey portfolio in a stable rental market! Each unit features 1 bedroom, 1 bathroom, ample living space, modern updates, some stainless steel appliances, well-kept back decks, and some newer major systems that will reduce your maintenance costs. Market rent for each unit is $800/month. Tenants enjoy the off-street parking, basement storage and a fully fenced backyard. These amenities will help ensure long-term tenancy and rentability. With a solid tenant base already in place and potential for future rent increases, this is the perfect opportunity for any investor looking to grow in 2025. You will be proud to own these charming South City buildings for years to come!
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Featured Agent
Terry Gannon
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Listing Brokered by EXP Realty, LLC
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