This two-family property presents a great investment opportunity. The first-floor unit, a 1-bedroom, 1-bath, is currently rented at $699 per month, with rent paid reliably by an agency. A lease renewal is already in place for December 2024, increasing the rent to $799 per month. The second-floor unit, also a 1-bedroom, 1-bath, is vacant after the previous tenant moved out in August and will need a make-ready. With median rents in the area around $850 per month, the property offers strong potential for cash flow. The property is being sold as is.
2720 Texas Avenue (MLS #24060032) is a multi-family listing located in St Louis, MO.
This multi-family listing is 1,970 sqft and on a lot of 3,049 sqft (or 0.07 acres) and is 110 years old. This property was listed on 09/20/2024 and has been priced for sale at $160,000.
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Listing information courtesy of: STL Real Estate Pros, LLC
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