St. Louis, MO 63111
10 bd10 ba11,473 sfBuilt 1898
Gross spread$140,000
Description
Mixed-use property with 10 total units. Presenting a compelling value-add investment opportunity at7425, 7427 & 7429 S Broadway, St. Louis, MO 63111 — a three-building10-unit mixed-use portfolio situated in the historic Carondelet corridor of South St. Louis. Whether you're a seasoned investor looking to scale your portfolio or a savvy buyer seeking immediate cash flow with MASSIVE upside potential, this property delivers on every front-8 Residential Units2 Commercial Units-4 residential units currently occupied -3 Section 8 tenants at $800/month each; 1 non-Section 8 tenant at $650/monthCurrent monthly rental income: Approximately $ 2,875. 2 commercial units are vacant (previously rented for ~$1,900/month combined). Residential units are studio-style with partially separated bedroom areas. Electrical panels recently updated. Owner pays utilities: Approximately $800/month.
$/sqft vs market
Median of 5 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.
Property
Systems & condition
Self-reported by the seller. Not inspected.
Seller
This thread is with the VestorsHub team. Nobody on the supply side of this listing holds an account here.
Who is supplying this listing is withheld. A buyer account that has accepted the non-circumvention agreement on the address request above sees it here. Direct phone and email are not published here at all.