1916 Serbian Dr, St Louis, MO 63104

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List Price
$450,000
Days on Market
21
MLS#
26053820
Status
ACTIVE UNDER CONTRACT
Living Sq. Ft
3,420
Lot Size
3,105
Acres
0.07
Year Built
1924
Subdivision
Darnell
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

Excellent investment opportunity at 1916 Serbian Drive in St. Louis! This well-maintained 4-unit residential building offers immediate rental income with 3 of the 4 units currently occupied, making it an attractive option for both seasoned investors and those looking to expand their rental portfolio. All four units are fully furnished and rent for $1,400 per month per unit, providing a strong income-producing opportunity. The sale includes all furnishings and appliances, allowing a new owner to step into an established, turnkey rental property without the additional expense of furnishing the units. With one unit currently available, a new owner has the potential to increase rental income by leasing the remaining unit, bringing the property to full occupancy. Property Highlights: 4 residential units 3 units currently occupied $1,400/month rent per unit Potential gross rental income of $5,600/month at full occupancy $67,200 potential annual gross rental income All units furnished Appliances included Furnishings included in the sale Turnkey investment opportunity One vacant unit provides immediate upside potential Whether you're looking for a cash-flowing investment or an opportunity to build your rental portfolio, this property offers established rental income, furnished units, and additional upside through full occupancy. Don't miss this opportunity to own an income-producing multifamily property in St. Louis!

Additional Information

School District
St. Louis City
Elementary School
Sigel Elem. Comm. Ed. Center
Jr. High School
Fanning Middle Community Ed.
Sr. High School
Roosevelt High
Cooling
Ceiling Fan(s), Central Air, Electric
Selling Terms
Cash, Conventional, FHA, VA Loan

Listing courtesy of Karan Madra. Worth Clark Realty

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