2849 Meramec St, St Louis, MO 63118

Property Description

This four-unit multifamily building offers incredible upside potential for savvy investors, contractors, or buy and hold landlords looking to expand their portfolio. Featuring four individual one bedroom, one bathroom units, the property is primed for a complete repositioning to maximize market rents. Demolition work has already been started, taking parts of the interior down to the studs and saving the next owner significant time and labor costs. With a clean slate footprint, this structure allows you to build out modern layouts, install updated mechanical systems, and select durable finishings that attract high quality, long term tenants. The exterior layout provides daily convenience with street parking out front and a dedicated parking pad area in the rear for off street vehicle storage. Whether you are seeking a high yield BRRRR candidate, a full flip project, or a long term multi family income generator, this property offers the raw foundation to build substantial equity.