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Ballwin,MO 63021
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,925 sqft
Price per Sqft $170
Subdivision El Dorado Heights 2
MLS Listing ID 25033543
Year Built 1963
Property Description
Income-producing four family in the heart of Ballwin, located in the award-winning Rockwood School District, between Ellisville and Manchester, with quick access to Highway 141 and Manchester Rd. Four spacious units each feature 2 beds and 1 baths, making this an ideal investment for those seeking stable rental income with the ability to increase rents. Average rents for 8 two bedroom one bath apartments is $1,413 within 3 miles in the last year. All tenants are long term and month-to-month, offering flexibility for investors looking to increase rents to market rate, and maintain a hands-off, low-vacancy asset. Three units are rented at $895, with one unit rented at $800. This property would also be ideal for owner occupancy. The building has seen numerous updates, including kitchens and bathrooms, HVAC systems, plumbing, and electrical, while the roof is approximately 10 years old. Properties like this are extremely scarce in West County. Don't miss your chance to own a fully leased, consistently performing four family in a high-demand rental area. No showings without an accepted contract.
Location
State MO
County St. Louis
Area 348 - Marquette
Interior
Heating Forced Air
Cooling Ceiling Fan(s),Wall Unit(s)
Exterior
Parking Features false
Building
Story 1
Water Public
Structure Type Brick,Vinyl Siding
Schools
Elementary Schools Ballwin Elem.
Middle Schools Selvidge Middle
High Schools Marquette Sr. High
School District Rockwood R-Vi
Others
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other
Special Listing Condition Standard