Back on the market due to buyer's inability to close! Great Cash-flowing Investment Opportunity in Downtown St. Louis! Check out this fully remodeled up/down duplex in the heart of downtown St. Louis! This well-maintained property features two spacious units, each with 1,100 square feet of living space. The bottom unit (month to month)offers 3 bedrooms and 1 bathroom and currently rents for $750/month. The top unit (lease until January) includes 4 bedrooms and 2 bathrooms, bringing in $850/month. Both tenants are on year-long leases and are current on rent. Both units were completely remodeled in 2022, so you�ll find updated finishes and systems throughout. This is a turnkey investment with steady cash flow from day one. Whether you're looking to add to your rental portfolio or start one, this property is a smart choice. Ask your agent about property management services, as they are an option for this property! Don't miss your chance to own a solid income-producing property in a great location!
St Louis is located in Michigan. St Louis, Michigan has a population of 7,435. St Louis is more family-centric than the surrounding county with 27.68% of the households containing married families with children. The county average for households married with children is 26.14%.
The median household income in St Louis, Michigan is $43,777. The median household income for the surrounding county is $53,347 compared to the national median of $69,021. The median age of people living in St Louis is 38.5 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 14.8 degrees. The average rainfall is approximately 32.9 inches per year, with 42.1 inches of snow per year.
