$240,000 This is a group of 6 buildings, two of them will be demolished, so you will have 4 buildings with 12 units and two lots. All are in close proximity to each other. Thee of the buildings were rehabbed about 25 years ago with all new plumbing, electric, windows, HVAC, drywall, and more. The fourth building was new construction at the time. It has 2-4 bedroom 2 1/2 bath townhouses. 7 of the units are vacant and have had some damage from the 2025 tornado. But with the work that has been dome, you will have a good basis to start with. The rehabs were done with LIHTC tax credits, so there are some rental restrictions and the new buyer and management company must be approved by MHDC, which may be a two month process. There is another group of 7 buildings that is also available. 26049438 MLS ⋅ ACTIVE Status This is a group of 6 buildings, two of them will be demolished, so you will have 4 buildings with 12 units and two lots. All are in close proximity to each other. Thee of the buildings were rehabbed about 25 years ago with all new plumbing, electric, windows, HVAC, drywall, and more. The fourth building was new construction at the time. It has 2-4 bedroom 2 1/2 bath townhouses. 7 of the units are vacant and have had some damage from the 2025 tornado. But with the work that has been dome, you will have a good basis to start with. The rehabs were done with LIHTC tax credits, so there are some rental restrictions and the new buyer and management company must be approved by MHDC, which may be a two month process. There is another group of 7 buildings that is also available. 4042 Palm St, St Louis
$6,500 Storm Damage Opportunity – Calling All Experienced Investors This 4-family property is ready for the right investor to bring it back to life. Major value-add potential with the opportunity to restore and reposition this asset for strong long-term returns. Whether you’re looking for your next rehab project or a multi-family investment with upside, this one has the bones and the potential to make it happen. 4 Family Property Heavy Rehab Needed Strong Investment Potential Opportunity to Add Significant Value Serious investors only. Opportunities like this don’t stay around long. Reach out for details before it’s gone. 26028545 MLS ⋅ ACTIVE Status Storm Damage Opportunity – Calling All Experienced Investors This 4-family property is ready for the right investor to bring it back to life. Major value-add potential with the opportunity to restore and reposition this asset for strong long-term returns. Whether you’re looking for your next rehab project or a multi-family investment with upside, this one has the bones and the potential to make it happen. 4 Family Property Heavy Rehab Needed Strong Investment Potential Opportunity to Add Significant Value Serious investors only. Opportunities like this don’t stay around long. Reach out for details before it’s gone. 4044 Labadie Ave, St Louis
$25,000 Property has been gutted inside and framed ready for your plan. Property will need to be completed. Seller may let buyer assum the current loan, Great location closed to the new NGA. 26005745 MLS ⋅ ACTIVE UNDER CONTRACT Status Property has been gutted inside and framed ready for your plan. Property will need to be completed. Seller may let buyer assum the current loan, Great location closed to the new NGA. 4312 College Ave, St Louis