5133 Cates Avenue
St Louis, MO 63108

  • – beds
  • – baths
  • – sqft
  • 5,423 sqft lot
  • 1902 build
  • on site

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This 3,400+ square foot 2-family has an amazing track record - proving itself to generate $36k in annual income! And, yes. I'm serious. The 1st floor Unit was just vacated at the end of February. Seller is currently showing for a new tenant for this unit, so hurry if you want the building empty! The second floor unit has an EXTRA (bed/room/office) above the stairs and is currently vacant for ease of showing - both were previously rented for $1500/month and, don't worry - both are already cleaned up and ready for you or your next tenant to move right in! Both units have been totally upgraded with flooring, paint, and tile - but it doesn't stop at "pretty" upgrades - the panels & HVACS have been recently updated also - so you don't even have to lift a finger to get that 10%(ish) cap rate flowing right into your pocket! I know you're ready to cash flow - and so is this place. ;)

Mid America Regional Information Systems logo Listing courtesy of MARIS / Garcia Properties

Last checked: Checking… • Last updated Apr 23, 2024 •

MLS# 23068406 —

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Sale history

Date Event Source Price % Change
4/19/24
Sold MARIS $255,000 -7.3%
3/22/24
Pending MARIS $275,000
2/23/24
Relisted MARIS $275,000

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Multifamily Sold on 4/19/2024

$255,000

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Mid America Regional Information Systems logo Listing Courtesy of: MARIS and Garcia Properties.

© 2024 MARIS

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