6217 Minnesota Ave, St Louis, MO 63111
- $127,000
- 1,820
- SqFt
- List Price
- $127,000
- Days on Market
- 1
- MLS#
- 26030667
- Status
- ACTIVE
- Living Sq. Ft
- 1,820
- Lot Size
- 6,625
- Acres
- 0.15
- Year Built
- 1870
- Subdivision
- Eiler Add
- Municipality
- St. Louis City
- County
- St Louis City
- Listing Type
- Multifamily
Property Description
Secure an income producing asset with deep roots in the Carondelet market. This circa 1870’s two-family residence offers a rare combination of historic character and long-term stability, having been meticulously maintained by the same family for over 100 years. Perched on a hilltop, the property provides unique Mississippi River views and a commanding presence that sets it apart from standard inventory. For the investor looking to scale or solidify a portfolio, the operational setup is turnkey. The property features two 1-bedroom units designed for maximum efficiency. One unit is currently occupied by a month-to-month tenant, ensuring immediate cash flow from day one. The second unit is vacant and move-in ready, allowing for immediate market-rate leasing or a value-add refresh to further drive NOI. This is a clean, well-preserved building that reflects a century of pride in ownership. It offers the structural integrity of a legacy asset with the flexibility to modernize and capture higher rents. To streamline the transaction, the seller prefers an "As-Is" sale on a Special Sales Contract. Capitalize on this rare opportunity to acquire a historic income-producer with an unbeatable vantage point.
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Additional Information
- School District
- St. Louis City
- Elementary School
- Woodward Elem.
- Jr. High School
- Lyon-Blow Middle
- Sr. High School
- Roosevelt High
- Parking Description
- Alley Access
- Cooling
- None
- Heating
- Forced Air, Natural Gas
- Water
- Public
- Selling Terms
- 1031 Exchange, Cash, Conventional, Other
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Listing courtesy of Compass Realty Group.
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified
