This 3,400+ square foot 2-family has an amazing track record - proving itself to generate $36k in annual income! And, yes. = I'm serious. The 1st floor Unit is currently leased through February at $1,500/month and is excited to say. The second floor unit has an EXTRA (bed/room/office) above the stairs and is currently vacant for ease of showing - but has ALSO previously rented for $1500/month and, don't worry - it is already cleaned up and ready for you or your next tenant to move right in! Both units have been totally upgraded with flooring, paint, and tile - but it doesn't stop at "pretty" upgrades - the panels & HVACS have been recently updated also - so you don't even have to lift a finger to get that 10%(ish) cap rate flowing right into your pocket! I know you're ready to cash flow - and so is this place. ;)
AppliancesSome Dishwasher(s), Some Disposal(s), Some Insulated Window(s), Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Some Smoke Alarm(s), Some Storm Door(s), Some Window Treatment(s)
Listed by Garcia Properties, Courtney Weng & Steve Weng
Principal & Interest
Monthly Home Ins.
5133 Cates Avenue (MLS #23068406) is a multi-family listing located in St Louis, MO.
This multi-family listing is on a lot of 5,423 sqft (or 0.12 acres) and is 121 years old. This property was listed on 11/16/2023 and has been priced for sale at $300,000.
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Listing information courtesy of: Garcia Properties
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