8440 N Broadway
Saint Louis, MO 63147
-- Bed
-- Bath
9,632 Sq Ft
81 Days on Market
For Sale $750,000
Save
Courtesy of Worth Clark Realty

Listing Agent & Comments

Julie CarterWorth Clark Realty
618-789-6387agentjuliecarter@gmail.com License #2023023218
All 18 units in 2 turnkey buildings are occupied & generating excellent cashflow - 2024 NOI was $100,000+++. Plus, there is an opportunity to make this 18-unit into a 24-unit if desired! The (4) 4-bed / 2 ba units could easily be reconverted back into 8 units, plus 2 units could be recreated in the lower level to make 24 units, as originally designed. Gated complex w/ parking. New roofs on both buildings. New sewer lateral line. Units have already been renovated but could be made even nicer for higher rents. There was a small fire a couple years ago that affected 2 units; both have been fully remedied and renovated. Contractor bids for ~ $450,000 to add storage lockers & 2 coin laundry rooms (in each building's lower level) to increase cashflow, completely remodel units, update some mechanicals, convert (4) 4-beds back to 8 units & add 2 units in lower level. All of that could be deferred or entirely skipped. The options are endless. Slam dunk on cashflow. Owner selling due to living out of state. Landlord pays trash, water & sewer. Tenants pay power.

MLS# MIS25016792 • Data provided by MARIS as distributed by MLS Grid
Additional home details
Living Area9,632 Sq.Ft.
Lot Size0.6 Acres
Total Rooms--
Bedrooms--
Bathrooms--
Stories1
Year Built1964
Property TypeMultifamily
ZoningF
HOA Name--
HOA Fee--
HOA Includes--
Tax Year--
Tax Amount--
Property in Flood Zone--
BasementYes
PoolNo
More Information On This Home
This home's estimated value
$749,058
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
New
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HouseCanary, Inc. Brokerage

8440 N Broadway, Saint Louis, MO 63147

Multifamily
-- Bed
-- Bath
9,632 Sq Ft
81 Days on Market

Listing Agent & Comments

Julie CarterWorth Clark Realty
618-789-6387agentjuliecarter@gmail.com License #2023023218
All 18 units in 2 turnkey buildings are occupied & generating excellent cashflow - 2024 NOI was $100,000+++. Plus, there is an opportunity to make this 18-unit into a 24-unit if desired! The (4) 4-bed / 2 ba units could easily be reconverted back into 8 units, plus 2 units could be recreated in the lower level to make 24 units, as originally designed. Gated complex w/ parking. New roofs on both buildings. New sewer lateral line. Units have already been renovated but could be made even nicer for higher rents. There was a small fire a couple years ago that affected 2 units; both have been fully remedied and renovated. Contractor bids for ~ $450,000 to add storage lockers & 2 coin laundry rooms (in each building's lower level) to increase cashflow, completely remodel units, update some mechanicals, convert (4) 4-beds back to 8 units & add 2 units in lower level. All of that could be deferred or entirely skipped. The options are endless. Slam dunk on cashflow. Owner selling due to living out of state. Landlord pays trash, water & sewer. Tenants pay power.

MLS# MIS25016792 • Data provided by MARIS as distributed by MLS Grid
Additional home details
Living Area9,632 Sq.Ft.
Lot Size0.6 Acres
Total Rooms--
Bedrooms--
Bathrooms--
Stories1
Year Built1964
Property TypeMultifamily
ZoningF
HOA Name--
HOA Fee--
HOA Includes--
Tax Year--
Tax Amount--
Property in Flood Zone--
BasementYes
PoolNo
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $750,000
Save
Courtesy of Worth Clark Realty
8440 N Broadway
Saint Louis, MO 63147
-- Bed
-- Bath
9,632 Sq Ft
81 Days on Market

Listing Agent & Comments

Julie CarterWorth Clark Realty
618-789-6387agentjuliecarter@gmail.com License #2023023218
All 18 units in 2 turnkey buildings are occupied & generating excellent cashflow - 2024 NOI was $100,000+++. Plus, there is an opportunity to make this 18-unit into a 24-unit if desired! The (4) 4-bed / 2 ba units could easily be reconverted back into 8 units, plus 2 units could be recreated in the lower level to make 24 units, as originally designed. Gated complex w/ parking. New roofs on both buildings. New sewer lateral line. Units have already been renovated but could be made even nicer for higher rents. There was a small fire a couple years ago that affected 2 units; both have been fully remedied and renovated. Contractor bids for ~ $450,000 to add storage lockers & 2 coin laundry rooms (in each building's lower level) to increase cashflow, completely remodel units, update some mechanicals, convert (4) 4-beds back to 8 units & add 2 units in lower level. All of that could be deferred or entirely skipped. The options are endless. Slam dunk on cashflow. Owner selling due to living out of state. Landlord pays trash, water & sewer. Tenants pay power.

MLS# MIS25016792 • Data provided by MARIS as distributed by MLS Grid
Additional home details
Living Area9,632 Sq.Ft.
Lot Size0.6 Acres
Total Rooms--
Bedrooms--
Bathrooms--
Stories1
Year Built1964
Property TypeMultifamily
ZoningF
HOA Name--
HOA Fee--
HOA Includes--
Tax Year--
Tax Amount--
Property in Flood Zone--
BasementYes
PoolNo
More Information On This Home
This home's estimated value
$749,058
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $750,000
Save
Courtesy of Worth Clark Realty