6146 Morganford RD, St Louis, MO 63116 – 25046831

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Nancho Rodriguez

nancho@stlhometown.com +1(314) 297-6494

$325,000

Est. payment - /mo

2,552 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 2,552 sqft

Price per Sqft $127

Subdivision Carondelet Parkview Add

MLS Listing ID 25046831

Year Built 1942

Acres 0.1047

Property Sub-Type 2-4 Units

Property Description

Turnkey, Fully Occupied 4-Family Investment Opportunity in Bevo Mill, located just blocks from Carondelet Park and Christy Park, this well-maintained 4-family building offers an excellent opportunity to grow your investment portfolio. Each unit features a true bedroom in the rear and one full bathroom. The property is currently generating a Net Operating Income (NOI) of $25,331, with rents currently below market, offering upside potential. Three of the four units present an opportunity for value-add upgrades to achieve market-rate rents this fall. Key Updates and Features: All four units have brand-new HVAC systems installed in December 2024. Sewer lines under the building were upgraded to PVC in 2024, including both stacks and partial replacement to the yard vent (connection to the city main is unknown). Three of the four water heaters have been replaced within the past six years. The rear parking pad provides off-street parking for all four tenants. All units are currently leased. This is a low-maintenance property that has been well-maintained. Tenants will not be disturbed without an accepted contract. Viewings of the basement may be arranged for serious buyers with proof of funds and listing agent accompanied. Please note: Seller's won't consider offers involving seller creative financing. However, we welcome offers that are cash or backed by Conventional, Cash or private financing.

Location

State MO

County St Louis City

Area 3 - South City

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplaces Type None

Fireplace Y

Appliance Gas Cooktop, Dishwasher, Disposal, Gas Oven, Gas Range, Refrigerator

Laundry In Basement, Common Area, Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Entry Steps/Stairs

Parking Features false

Roof Type Flat

Private Pool false

Building

Story 2

Water Public

Architectural Style Apartment Style

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Woerner Elem.

Middle Schools Long Middle Community Ed. Center

High Schools Roosevelt High

School District St. Louis City

Others

Ownership Private

Acceptable Financing Cash, Conventional, Private

Listing Terms Cash, Conventional, Private

Special Listing Condition Standard

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Listed by Lynne Hart • Real Broker LLC

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Nancho Rodriguez

+1(314) 297-6494

Agent | License ID: 2018006602

Agent License ID: 2018006602

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6146 Morganford RD St Louis, MO 63116

Nancho Rodriguez

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others