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

Listing Agent & Comments

Julie A CarterWorth Clark Realty
618-789-6387agentjuliecarter@gmail.com License #2023023218
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
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
$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
-- Bath
9,632 Sq Ft
36 Days on Market

Listing Agent & Comments

Julie A CarterWorth Clark Realty
618-789-6387agentjuliecarter@gmail.com License #2023023218
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
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 and sale history
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
36 Days on Market

Listing Agent & Comments

Julie A CarterWorth Clark Realty
618-789-6387agentjuliecarter@gmail.com License #2023023218
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
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
$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
house

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