Don't miss this exceptional, fully occupied 20-unit all 1-bedroom units complex just steps from the highly sought-after St. Louis Hills neighborhood, only blocks from Lindenwood and Tilles Park. This all-brick property features individually metered, all-electric units with hardwood floors, ensuring easy maintenance and turnover. Additional income of around $6,000 annually from coin laundry and extra basement storage with a half bath boosts ROI. The building is turn-key, with a new architectural shingle pitched roof, ample parking, and a stable tenant base with potential for rent increases. Tenants enjoy the convenience of being within walking distance to public transit, shopping, and popular dining spots like Trattoria Marcella, Pietro's, and Afghan Kabob House. Perfect for investors seeking a low-maintenance, income-producing asset in a sought-after neighborhood. Owner is a licensed real estate broker in Missouri.
Listed By
Agency Name: Zady Real Estate Services, LLC
Shown By
Agent Name: Missy Fish
Agent Phone: (314) 956-0022
Agency Title: RedKey Realty Leaders
Estimated Payment
$ 11,303.87 per month $9,779.41 Principal & Interest $1,000.92 Property Tax $523.54 Homeowner's Insurance
3508 Watson Road | MLS# 26025692
This multi-family property located at 3508 Watson Road , Saint Louis, MO 63139 is currently listed for sale with an asking price of $1,795,000. Watson Road is located within the St Louis City school district. Search Saint Louis real estate on missyfish.redkeystlouis.com today.