Located just a 1/2 mile from the vibrant Delmar Loop, this updated 4-unit building offers an ideal combination of location, privacy, and long-term value. Positioned in a high-demand area with continued investment and infrastructure enhancements driven by Washington University, this property is well-situated for both tenants and owners. Each of the four spacious 2BD/2BA units features an open-concept layout with upscale finishes, including stainless steel appliances, granite countertops, and generous walk-in closets. Residents enjoy the convenience of elevator access, the privacy of occupying their own floor, and two dedicated garage spaces per unit-one tuck-under and one located at the rear of the building. This turnkey multifamily opportunity offers flexible ownership options: hold as a solid income-producing asset or owner-occupy one unit while offsetting expenses with rental income from the remaining units. Recent improvements include three new water heaters (2021-2022) and a new roof (2017). Don't miss the opportunity to call 6416 Cates Avenue home or add it to your investment portfolio! Preferred to be sold as-is on a Special Sales Contract.
Listed By
Agency Name: Elevate Realty, LLC
Shown By
Agent Name: Michael Simon
Agent Phone: (314) 757-9700
Agency Title: RedKey Realty Leaders
Estimated Payment
$ 7,696.66 per month $6,238.12 Principal & Interest $1,124.58 Property Tax $333.96 Homeowner's Insurance
6416 Cates Avenue | MLS# 25079112
This multi-family property located at 6416 Cates Avenue, Saint Louis, MO 63130 is currently listed for sale with an asking price of $1,145,000. Cates Avenue is located within the University City school district. Search Saint Louis real estate on www.simonsellsstl.com today.