BEDS0
BATHS
SQUARE FEET3,672
MLS#25076144
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONEilers Add
SCHOOLSt Louis City
Property Description
Investor's Dream in South City! Fully occupied 4-family in Carondelet generating $2,900 per month in gross rent and professionally managed for true turnkey convenience. Each unit has been fully renovated-featuring modern kitchens, updated bathrooms, and durable LVP flooring throughout. Photos were taken prior to tenants move in, and are of unit 1N and 2S. All units are identical in layout and finishes. Major updates include a new roof and new right-side plumbing stack, offering peace of mind for years to come. Electric panels are newer and electric in basement has been updated along with PEX plumbing. Tenants enjoy comfortable updated living spaces, while owners benefit from strong cash flow and minimal maintenance. Leases all expire in May of 2026 giving you immediate cash flow. Off street parking in the back for the tenants. Conveniently located off Grand for easy access to all the great things South City has to offer, and public transportation. This would a make perfect addition to any investment portfolio! Showing an accepted contract. Could be bought in a package deal with 4124 Virginia (MLS# 25076198) and 4617 Broadway (MLS # 26005828). Seller will have one more four family available soon. Sewer lateral needs repairs. Seller willing to credit a buyer for repairs with a reasonable offer. **NO SELLER FINANCING OFFERS**
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished, Walk-Out Access
Basement: Yes
Cooling: Window Unit(s)
Heating: Forced Air, Natural Gas
Home Style: Historic
Lot Size: 0.14 Acres
Roof Type: Flat
Taxes: $1,698
Year Built: 1924
Feature Descriptions
Appliances: Gas Oven, Refrigerator
Days on Site: 109
Exterior: Brick
Fencing: Chain Link
HOA Fee: 0
Laundry: In Basement
Lot: Level
Parcel#: 2846-00-0050-0
Parking: Concrete, Off Street
Parking Notes: Concrete, Off Street
SQFT. Above Grade: 3627
Units: 4
Water: Public
Local Schools
High School: Roosevelt High
Middle School: Lyon-Blow Middle
Elementary School: Woodward Elem.
School District: St Louis City
Listed By / Shown By
Listed By
Agency Name: Mogul Realty
Shown By
Agent Name: Michael Simon
Agent Phone: (314) 757-9700
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 1,719.37 per month $1,497.69 Principal & Interest $141.50 Property Tax $80.18 Homeowner's InsuranceChange Payment Information
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5516 S Grand Boulevard | MLS# 25076144
This multi-family property located at 5516 S Grand Boulevard, Saint Louis, MO 63111 is currently listed for sale with an asking price of $274,900. S Grand Boulevard is located within the St Louis City school district. Search Saint Louis real estate on www.simonsellsstl.com today.