63123 Homes under $600,000

63123 Homes under $600,000

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Newest 63123 Homes under $600,000

10372 Parkman Dr, Lakeshire
$535,000
26063047 MLS ⋅ ACTIVE Status
An opportunity to secure a long-term investment in Lakeshire within the highly sought-after Lindbergh School District, where multifamily properties can be difficult to find! Welcome to 10372 Parkman Drive, a fully occupied four-family offering existing rental income and room for future growth. Each unit features 2 bedrooms and 1 bathroom, with tenant-occupied interiors that show well and offer a clean, inviting feel. Each apartment has its own composite deck area, separated by aluminum railings. The lower level includes two 2-car tuck-under garages with individual entrances and remote openers, laundry hookups, and a dedicated storage unit for each apartment. Since 2019, owner improvements have included the composite decks and aluminum railings, replacement A/C units in Apartment B in June 2023 and Apartment C in June 2021, a replacement evaporator coil in Apartment A, and an upgraded window in Apartment B. Long-term tenants occupy two of the four units, and current rents are below market, creating an opportunity to increase income over time as leases allow. Optional improvements could further enhance rental appeal and help maximize net operating income. The property is currently self-managed, with the owner paying water, sewer, trash, landscaping, and snow removal. Offered at $535,000, the property is positioned within the range of nearby multifamily sales from $530,000 to $580,000, including a $570,000 sale on Parkman Drive. A desirable location, established occupancy, and potential for rental growth make this an appealing addition to a long-term investment portfolio. Please do not disturb tenants. No showings prior to an accepted contract. Offers may be contingent upon viewing all units and the buyer’s satisfaction with their condition.

10372 Parkman Dr, Lakeshire

9337 Radio Dr, Affton
$225,000
3 Beds ⋅ 1 Baths ⋅ 26053992 MLS ⋅ ACTIVE Status
Adorable Affton abode alert! This 3-bedroom, 1-bath charmer has all the things you've been looking for-and a few extras you didn't know you needed! Enter into the living room and check out the FUNCTIONING wood-burning fireplace that has been meticulously maintained and is ready for your cozy winter evenings! A rare find! In the back, note the full well-maintained bathroom, three good-sized bedrooms and several closets interspersed throughout for storage. Next to the living room there is an eat-in kitchen with a pantry and appliances that stay for the next owner. Notice the crisp fresh indoor paint in the upstairs and all of the windows in the house which have been replaced between 2020-2022. Downstairs, there is a bonus family room which is spacious and perfect for movie nights and brings the total square footage of the house to 1300 square feet. And it's surrounded by a huge amount of storage space. Outside, the patio concrete has been replaced along with a channel drain installed in 2022. So dual functionality here whether you want to use this space for a driveway or an entertainment area! The yard lends itself to gatherings or just a great flat, level space for the fur babies to run. :) In addition, a NEW ROOF was put on the house and garage in 2023 along with a new garage door in 2024. New gutters and downspouts were installed in 2022 and 2023 as well. All of this is located in a tranquil quiet neighborhood that is a stone's throw from all the fun of 9 Mile Garden and in Affton School District as well. What are you waiting for? This one will go fast! Sneak Peek open house Thur. 10/1 4-6 p.m. before showings begin on Friday!

9337 Radio Dr, Affton

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