8440 N Broadway
Saint Louis, MO 63147
-- Bed-- Bath9,632 Sq Ft36 Days on Market
For Sale $750,000
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Courtesy of Worth Clark Realty
Listing Agent & Comments
All 18 units in 2 buildings occupied, generating excellent cashflow - 2024 NOI was $122,133. Plus, there is an opportunity to make this 18-unit into a 24-unit! The (4) 4-bed / 2 ba units could easily be reconverted back into 8 units, plus 2 units could be recreated in LL 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) in LL to increase cashflow, completely remodel units [this part could easily be deferred], update some mechanicals, convert (4) 4-beds back to 8 units & add 2 units in LL. Slam dunk on cashflow. Owner selling due to living out of state. Landlord pays trash, water & sewer.
MLS# MIS25016792 • Data provided by MARIS as distributed by MLS Grid
Living Area | 9,632 Sq.Ft. |
---|---|
Lot Size | 0.6 Acres |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 1 |
Year Built | 1964 |
Property Type | Multifamily |
Zoning | F |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | -- |
Tax Amount | -- |
Property in Flood Zone | -- |
Basement | Yes |
Pool | No |
Data provided by MARIS as distributed by MLS Grid.
More Information On This Home
This home's estimated value
$745,441
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 and sale history
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HouseCanary, Inc. Brokerage
8440 N Broadway, Saint Louis, MO 63147
Multifamily-- Bed-- Bath9,632 Sq Ft36 Days on Market
Listing Agent & Comments
All 18 units in 2 buildings occupied, generating excellent cashflow - 2024 NOI was $122,133. Plus, there is an opportunity to make this 18-unit into a 24-unit! The (4) 4-bed / 2 ba units could easily be reconverted back into 8 units, plus 2 units could be recreated in LL 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) in LL to increase cashflow, completely remodel units [this part could easily be deferred], update some mechanicals, convert (4) 4-beds back to 8 units & add 2 units in LL. Slam dunk on cashflow. Owner selling due to living out of state. Landlord pays trash, water & sewer.
MLS# MIS25016792 • Data provided by MARIS as distributed by MLS Grid
Living Area | 9,632 Sq.Ft. |
---|---|
Lot Size | 0.6 Acres |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 1 |
Year Built | 1964 |
Property Type | Multifamily |
Zoning | F |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | -- |
Tax Amount | -- |
Property in Flood Zone | -- |
Basement | Yes |
Pool | No |
Data provided by MARIS as distributed by MLS Grid.
This property is missing data for:
Comparable properties and sale history
New
Do you own this home?
Access your homeowner dashboard
For Sale $750,000
Save
Courtesy of Worth Clark Realty
8440 N Broadway
Saint Louis, MO 63147
-- Bed-- Bath9,632 Sq Ft36 Days on Market
Listing Agent & Comments
All 18 units in 2 buildings occupied, generating excellent cashflow - 2024 NOI was $122,133. Plus, there is an opportunity to make this 18-unit into a 24-unit! The (4) 4-bed / 2 ba units could easily be reconverted back into 8 units, plus 2 units could be recreated in LL 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) in LL to increase cashflow, completely remodel units [this part could easily be deferred], update some mechanicals, convert (4) 4-beds back to 8 units & add 2 units in LL. Slam dunk on cashflow. Owner selling due to living out of state. Landlord pays trash, water & sewer.
MLS# MIS25016792 • Data provided by MARIS as distributed by MLS Grid
Living Area | 9,632 Sq.Ft. |
---|---|
Lot Size | 0.6 Acres |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 1 |
Year Built | 1964 |
Property Type | Multifamily |
Zoning | F |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | -- |
Tax Amount | -- |
Property in Flood Zone | -- |
Basement | Yes |
Pool | No |
Data provided by MARIS as distributed by MLS Grid.
More Information On This Home
This home's estimated value
$745,441
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 and sale history
New
Do you own this home?
Access your homeowner dashboard
For Sale $750,000
Save
Courtesy of Worth Clark Realty