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

Local Schools