Rock Island Realty

Other

1916 Serbian Drive

St Louis, MO 63104

MLS#: 26053820

$450,000

Status: Active
Listing number: 26053820
Listing provided by: Worth Clark Realty
Listing agent phone: None
Last update: a day ago
On site: 28 days ago
Browse Properties
Darnell - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1924

Sq.Footage

3,420

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!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Central Air, Electric

  • Fireplace YN

    NO

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.0713

  • Lot Size(square feet)

    3,105

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Other

Price

  • Sales Price

    $450,000

  • Tax Amount

    $4,889

  • Sq. Footage

    3,420

  • Price/SqFt

    $131

HOA

  • Association

    No

School District

  • Elementary School

    Sigel Elem. Comm. Ed. Center

  • Middle School

    Fanning Middle Community Ed.

  • High School

    Roosevelt High

Property Features

  • New Construction

    NO

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Location

County

St Louis City

Elementary School

Sigel Elem. Comm. Ed. Center

Middle School

Fanning Middle Community Ed.

High School

Roosevelt High

Listing Courtesy of Karan Madra, Worth Clark Realty

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Agent Julie Downing

AGENT

Julie Downing

Call Julie today to schedule a private showing.

(515) 681-5378

julie@homeatthelake.com


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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!

1916 Serbian Drive

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