2646 Melvin Ave, St Louis, MO 63144

Property Description

One-of-a-kind opportunity in Brentwood! Completely renovated in 2022, this beautiful brick building is one of the only 2-family properties in the area! With one unit available, this is an excellent opportunity for a buyer to live in the spacious 3-bedroom, 2-bath unit while collecting $1,925 per month from the currently leased 2-bedroom unit to help offset the mortgage and ownership costs. For an investor, the property also offers the ability to lease both units and generate approximately $47,100 in annual gross rental income. With major systems and interiors already renovated, this is a rare opportunity to purchase a move-in-ready duplex in Brentwood with strong rental income and owner-occupant flexibility. The property has undergone extensive renovations, including a newer roof, new windows, updated plumbing, updated electrical, and updated HVAC, along with completely renovated kitchens and bathrooms, in-unit laundry, and is now in low-maintenance, turnkey condition. Located in sought-after Brentwood Schools, within walking distance to Deer Creek Greenway and the new Brentwood Park, with quick access to I-64/40 and I-170, downtown Clayton, and all of the shopping and restaurants at the Galleria, Brentwood Square and Brentwood Promenade, this property is exactly what you've been waiting for! Duplicate listing of MLS#: 26052273