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$1,399,000
26049261 MLS ACTIVE UNDER CONTRACT Status
***Rare 6-Family Investment in the Delmar Loop!!!*** Beautifully renovated 6-family residence just steps from Washington University and all the attractions of the Delmar Loop. This 9,936 sq. ft. building features oversized units of more than 1,600 sq. ft. each. Four units—three on the right wing and one on the left wing—were COMPLETELY GUTTED AND FULLY REBUILT - LESS THAN TWO YEARS AGO, including all-new plumbing, electric, HVAC systems, ductwork, kitchens, baths, flooring, and modern interior layouts. The building also features a BRAND-NEW ROOF INSTALLED IN 2025. The right wing includes three fully redesigned 3-bedrooms, 3-bathroom units with open layouts, balconies, in-unit laundry, brand new kitchens with granite counters and stainless-steel appliances, new flooring, windows, and completely updated plumbing, electric, and HVAC systems as part of a full gut renovation completed less than two years ago. The left wing offers three additional renovated apartments with updated kitchens and baths, refinished hardwood floors, and fresh paint, with opportunity for further value-add upgrades. One of the left-wing units also underwent a full gut rehab within the last two years, including new plumbing, electric, and HVAC. Perfect for both investors and owner-occupants, the property benefits from strong rental demand from Washington University students and unbeatable walkability to Starbucks, Fitz’s, Blueberry Hill, Tivoli Theatre, Moonrise Hotel, Vintage Vinyl, and the rest of the Delmar Loop’s shopping, dining, and entertainment. One unit is currently available, offering the option to lease immediately for income or reserve for your own residence.

710 Leland Ave, University City

$709,000
26007450 MLS ACTIVE Status
Fantastic Opportunity to own a large 3-unit investment property in the heart of the booming Delmar Loop. Ideally situated right next to Washington University, this attractively located property offers many amenities that will keep it high-performing for decades to come. Large 3-bedroom units feature many updates, with completely new plumbing to kitchens and baths, hardwood floors throughout, and renovated kitchens with stainless appliances. Central AC & Forced Air heat, roof in great shape redone in the past few years, impeccable brickwork. Off street parking pad in the rear, metal fire escape in great shape. Clean basement with storage lockers for all units, updated electrical panels. A motivated owner will thrive leasing these 3-bedroom units at a quite achievable $2250 market rate as-is. Wash U charges $1700+ *per person* monthly for tiny dorms -- students flock to the Delmar Loop for all the shops, restaurants, bars and more that it has to offer! With further simple upgrades like in-unit laundry or furnishing the apartment for students, the sky's the limit: others on this block have achieved $3,200/mo+ rents for 3-bedroom units with laundry, furnishings, etc.. Offered at Pro Forma 7.81 Cap rate at market rents, call today

738 Kingsland Ave, University City