BEDS0
BATHS
SQUARE FEET2,426
MLS#26007978
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONPlymouth Park Add 02
SCHOOLSt Louis City
Property Description
Welcome to 4523 Adelaide Ave - a solid duplex offering immediate upside with minimal work needed to maximize rental income. The first-floor unit features 2 bedrooms and has already been tastefully updated with upgraded cabinetry, newer countertops, and tile flooring in the kitchen. The bathroom has also been refreshed with a newer shower, updated vanity, and modern tile finishes - making this unit move-in ready for a tenant. The spacious upstairs unit offers 3 bedrooms and is primed for your finishing touches. With only light improvements needed to bring it to rent-ready condition, the opportunity to quickly increase income is clear. Projected rents are strong, with the lower unit estimated at approximately $850/month and the upper unit at $1,100/month - creating excellent cash flow potential once fully leased. The property also features major updates that add peace of mind for investors, including a newer roof and newer furnaces. Central air provides added tenant comfort and desirability. With solid mechanicals already in place and most of the heavy lifting done, this is an ideal opportunity for an investor looking for a near turn-key property with strong income potential. Property is agent owned (not listing agent)
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: Central Air
Heating: Forced Air
Home Style: Traditional
Lot Size: 0.10 Acres
Roof Type: Flat
Taxes: $296
Year Built: 1911
Amenities
Eat-in Kitchen
Pantry
Feature Descriptions
Appliances: Free-Standing Range, Free-Standing Refrigerator
Days on Site: 18
Exterior: Brick
Fencing: Back Yard, Chain Link
Laundry: In Basement
Parcel#: 3548-00-0400-0
SQFT. Above Grade: 2426
Units: 2
Water: Public
Local Schools
High School: Vashon High
Middle School: Yeatman-Liddell Middle School
Elementary School: Hickey Elem.
School District: St Louis City
Listed By / Shown By
Listed By
Agency Name: Tower Real Estate Group
Shown By
Agent Name: Michael Simon
Agent Phone: (314) 757-9700
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 540.68 per month $489.79 Principal & Interest $24.67 Property Tax $26.22 Homeowner's InsuranceChange Payment Information
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4523 Adelaide Avenue | MLS# 26007978
This multi-family property located at 4523 Adelaide Avenue, Saint Louis, MO 63115 is currently listed for sale with an asking price of $89,900. Adelaide Avenue is located within the St Louis City school district. Search Saint Louis real estate on www.simonsellsstl.com today.