One-of-a-kind Investor’s dream, Turnkey 9-Family + commercial space in South City
Excellent cash-flowing opportunity just minutes from I-55, Anheuser Busch, Lemp Brewery! This fully renovated 9-family building offering privacy and convenience. 8/9 units are rented at $750/m – one unit is owner occupied. It took less than a month to lease up 8/9 units in the building and they are all summer leases! Additionally a 4 bay commercial building in the front of the lot will be included in the sale. The commercial units can easily be turned into residential units for additional cashflow opportunity.
Each unit has been thoughtfully updated with new electric meters, new water heaters, brand-new electrical, plumbing, new drywall, new hybrid mini splits, ensuring low maintenance for years to come. Interiors feature new hardwood flooring, white shaker cabinets, gas stovetops, refrigerators, and laundry hookups and stackable washer/dryer in dedicated closets. The basement has individual storage lockers dedicated for each unit. All units have private rear access, with the building situated behind a commercial space for added seclusion.
A true turnkey asset in a great rental market—perfect for any investor looking for strong returns and long-term stability.