Value-add 4-family opportunity in a strong South City rental pocket! Fully vacant and ready for its next chapter, 5211 Louisiana gives a new owner the flexibility to begin renovations and lease-up immediately. The property sits on a large lot on a quiet, tree-lined street with a large rear garage 3-4 cars, providing valuable off-street parking. Straightforward updates could position the units for approximately $850-$900/month in rent, making this an excellent BRRRR, buy-and-hold, or value-add rental opportunity. Enjoy classic South City living with plenty of greenspace nearby at Holly Hills and Carondelet Park, plus neighborhood favorites including Chimichanga's Mexican Restaurant, Stellar Hog BBQ, and St. Cecilia's famous fish fry. Great combination of location, rental potential, parking, and immediate upside. Available individually or as part of a package with 5239 Alaska AveA rare 3-4 car detached garage at the rear adds additional utility and potential value. Straightforward value-add opportunity in an established rental area with multiple paths to create equity and improve income.Available individually or as part of a package with 5239 Alaska Avenue. Great opportunity for an investor looking to add multiple South City units in one acquisition.
Listed By
Agency Name: Invest St. Louis
Shown By
Agent Name: Michael Simon
Agent Phone: 314.757.9700
Agency Title: RedKey Realty Leaders
Estimated Payment
$ 1,231.24 per month $1,034.60 Principal & Interest $141.25 Property Tax $55.39 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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5211 Louisiana Avenue | MLS# 26055105
This multi-family property located at 5211 Louisiana Avenue, Saint Louis, MO 63111 is currently listed for sale with an asking price of $189,900. Louisiana Avenue is located within the St Louis City school district. Search Saint Louis real estate on www.simonsellsstl.com today.