4555 S Compton Ave, St Louis, MO 63111

$159,900
2,218
SqFt

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List Price
$159,900
Days on Market
13
MLS#
26044220
Status
ACTIVE
Living Sq. Ft
2,218
Lot Size
2,548
Acres
0.06
Year Built
1908
Subdivision
Grunds Mauntel Place Add
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

DUPLEX with two, 2/1 units, one vacant, one occupied. Fantastic house hacking opportunity to purchase a primary residence, live in one part of it, and rent out the remaining space to generate income that offsets or completely eliminates your mortgage and housing expenses. It essentially allows you to live for free or at a massive discount while simultaneously building equity and wealth! The spacious, upper two bedroom unit is newly remodeled, will pass city code, and is move in ready. The bottom two bedroom unit is currently rented at $1000/month, and was also remodeled in the past couple of years. Terrific tenants are currently month to month. Very spacious, approximately 1100 sq ft units. Both will pass city occupancy inspection before closing. Projected rent for the upper unit is $1000/month, making the projected gross monthly rent $2000/month. Nice cool central air. Laundry hookups in the basement, a private back yard, and great, convenient location complete the package. Don't miss out on wealth building potential!

Additional Information

School District
St. Louis City
Elementary School
Monroe Elem.
Jr. High School
Long Middle Community Ed. Center
Sr. High School
Roosevelt High
Parking Description
On Street
Cooling
Central Air
Heating
Forced Air
Water
Public
Selling Terms
Cash, Conventional, FHA, VA Loan

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Listing courtesy of The Hermann London Group, Llc.

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