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Fred Venturini

[email protected] +1(618) 322-9764

$ 1,895,000

Est. payment -/mo

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Active

3508 Watson RD St Louis, MO 63139

13,092 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 Family or More

Listing Status Active

Purchase Type For Sale

Square Footage 13,092 sqft

Price per Sqft $144

Subdivision Southwest Park Add

MLS Listing ID 25023697

Year Built 1951

Lot Size 0.277 Acres

Acres 0.2772

Lot Dimensions 105x115

Property Sub-Type 5 Family or More

Property Description

Don't miss this exceptional, fully occupied 20-unit all 1-bedroom units complex just steps from the highly sought-after St. Louis Hills neighborhood, only blocks from Lindenwood and Tilles Park. This all-brick property features individually metered, all-electric units with hardwood floors, ensuring easy maintenance and turnover. Additional income of around $6,000 annually from coin laundry and extra basement storage with a half bath boosts ROI. The building is turn-key, with a new architectural shingle pitched roof, ample parking, and a stable tenant base with potential for rent increases. Tenants enjoy the convenience of being within walking distance to public transit, shopping, and popular dining spots like Trattoria Marcella, Pietro's, and Afghan Kabob House. Perfect for investors seeking a low-maintenance, income-producing asset in a sought-after neighborhood. Owner is a licensed real estate broker in Missouri.

Location

State MO

County St Louis City

Area 3 - South City

Interior

Heating Electric

Cooling Wall Unit(s), Ceiling Fan(s), Other

Fireplace N

Appliance Other, Gas Water Heater

Laundry Other, Common Area

Exterior

Parking Features false

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Mason Elem.

Middle Schools Long Middle Community Ed. Center

High Schools Roosevelt High

School District St. Louis City

Others

Ownership Private

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition Standard

Listed by Yasmin Ansari • Zady Real Estate Services, LLC

Fred Venturini

Broker | License ID: 475.179117

+1(618) 322-9764

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