1. Missouri
  2. St Louis
  3. 3508 Watson Road
$1,895,000

3508 Watson Road, St Louis, MO 63139

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1951
  • Property Lot Size Icon0.28acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Don't miss this exceptional, fully occupied 20-unit all 1-bedroom units complex just steps from the highly sought-after St. Louis Hills neighborhood, only blocks from Lindenwood and Tilles Park. This all-brick property features individually metered, all-electric units with hardwood floors, ensuring easy maintenance and turnover. Additional income of around $6,000 annually from coin laundry and extra basement storage with a half bath boosts ROI. The building is turn-key, with a new architectural shingle pitched roof, ample parking, and a stable tenant base with potential for rent increases. Tenants enjoy the convenience of being within walking distance to public transit, shopping, and popular dining spots like Trattoria Marcella, Pietro’s, and Afghan Kabob House. Perfect for investors seeking a low-maintenance, income-producing asset in a sought-after neighborhood. Owner is a licensed real estate broker in Missouri.

Listing Status:
Active
Listing Office:
Zady Real Estate Services, LLC : 4060631
MLS ID:
25023697
  • Laundry: Coin OperatedCommon Laundry
  • A/C: Wall Unit(s)Ceiling Fan(s)Other
  • Heating: None

This listing courtesy of Zady Real Estate Services, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

W.A. Higgins Middle School Academy of International Studies and Visual & Performing Arts

6020 Pernod Ave, Saint Louis, MO, 63139

Grades PK-5

0.38 miles away

C

Community Access Job Training

4915 Donovan Ave, Saint Louis, MO, 63109

Grades 8-12

0.82 miles away

C

Community Access Job Training

4915 Donovan Ave, Saint Louis, MO, 63109

Grades 8-12

0.82 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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