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Alpha Resources
329 Eichelberger St, St Louis, MO 63111
- $365,000
- 2,190
- SqFt
- List Price
- $365,000
- Days on Market
- 65
- MLS#
- 26050252
- Status
- ACTIVE
- Living Sq. Ft
- 2,190
- Lot Size
- 5,749
- Acres
- 0.13
- Year Built
- 1960
- Subdivision
- City/St Louis
- Municipality
- St. Louis City
- County
- St Louis City
- Listing Type
- Multifamily
Property Description
Investor Alert! Exceptional opportunity to own a fully occupied, turnkey 4-family offering immediate cash flow and a cap rate exceeding 10%. This property has undergone significant capital improvements, making it an ideal addition to any investment portfolio. Major updates include new HVAC systems, a brand-new deck, and updated units throughout, helping reduce future maintenance costs and allowing a new owner to focus on maximizing returns rather than completing deferred repairs. Whether you're expanding your portfolio or purchasing your first multifamily investment, this property is positioned to deliver reliable cash flow from day one. Opportunities to acquire a stabilized multifamily property with this level of income and recent improvements are rare.
Additional Information
- School District
- St. Louis City
- Elementary School
- Adams Elem.
- Jr. High School
- Blewett Middle
- Sr. High School
- Roosevelt High
- Cooling
- Window/Wall
- Selling Terms
- Contract, Conventional
Listing courtesy of Junior Lara. Real Broker LLC
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