5424 Michigan Avenue St Louis, MO 63111
PRICE REDUCED! affordable duplex in Carondelet. Two units at about 1200 square feet, have 1BD/1BA each and a ton of space. The upstairs unit has a bonus room over the stairwell that could be an office or additional sleeping space. Want something you can put your own touches on? This is it! Owners have cared for the building responsibly for over a decade, and refrained from cosmetic updates while renting to section 8 and St. Patrick's center. 1FL Accepted Lease starting 9/13/24, 2FL anticipates a renter move in before 10/1 so now is your chance to house hack, add value, or anything else you may desire! Currently there is one occupancy permit and the second is anticipated next week. Seller prefers to allow buyers their options to do as they please with the next tenants, but may consider placing tenants within their current programs. Easy access to highway 55! Bot units are about to rent for 775/month (current condition), meaning this could perform well above the 1% rule.
- Property TypeMulti-Family
- NeighborhoodMichigan Ave
- CountySt Louis City
- Taxes$952
- HOA/Condo/Coop Fees$0
- Days on Site36 Days
- MLS StatusActive
- MLS ID Number24050688
- Home Size Source County Records
- Year Built1906
- Lot Size0.0822 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Brick
- Parking On Street
- Sewer Public Sewer
- Acreage 0.0822
- Water Public
- Property Sub Type Multi Family
- Attached Garage No
- SqFt Above 2400
Interior Features
- Cooling Wall/ Window Unit(s)
- Heating Forced Air
- Appliances Some Refrigerator(s)Some Range Oven(s)Some Smoke Alarm(s)
Exterior Features
- Construction Details Brick
Community Features
- Township St. Louis City
- MLS Area South City