Pending

5509 Palm Street

St Louis MO, 63120

$185,000


$55.06 per sqft

Pending

3,360 sqft

Multi-family

Built in 1924

**Incredible Investment Opportunity in St. Louis!** This 4-family building features an impressive cap rate and is perfect for savvy investors. Entire building has been updated to include new electric, new plumbing, new roof, plus tuckpointing. Three of the four units have been recently updated with modern finishes, ensuring strong rental appeal and immediate cash flow. One unit awaits your personal touch, providing a chance to increase value and rental income. Located in a desirable neighborhood with easy access to transportation, shopping, and dining, this property promises high demand from renters. Don't miss out on this fantastic investment opportunity--schedule your showing today

24071881

MLS ID

November 18, 2024

Listed

December 9, 2024

Updated

Map

5509 Palm Street
St Louis MO, 63120

Interior Features

Appliances

Some Dishwasher(s), Some Disposal(s), Some Insulated Window(s), Some Microwave(s), Some Refrigerator(s), Some Smoke Alarm(s)


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.12 Acres


Sewer

Public Sewer

School Information

School District

St. Louis City


High School

Sumner High


Elementary School

Cote Brilliante Elem.

Other Property Details

Area Name

North


Taxes

$205


Tax Frequency

Annually


Days on Market

21


Garage

No


Parking

On Street


View

No


County

St Louis City


Municipality

St. Louis City


Water Source

Public


Pool

No

Listing History

Date

Event

Price

12/9/2024

Pending

Courtesy of Berkshire Hathaway Select, Duan Lee

Listings displaying the MARIS logo are courtesy of the participants of MO - Mid America Regional Information Systems (MARIS) Internet Data Exchange. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Tina Schaefer shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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