Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1968
Sq.Footage
5,636
RARE CHESTERFIELD 4-FAMILY INVESTMENT | PROVEN RENT GROWTH | 8-UNIT PORTFOLIO OPPORTUNITY | AGENT OWNED Investment opportunities like this rarely become available in Chesterfield. Located in the highly sought-after Parkway Central School District, this 4-family property offers an exceptional combination of location, unusually spacious units, strong rental history & demonstrated upside in a West County market where multifamily ownership opportunities are extremely limited. Each unit offers approximately 1,400 SF, 3 bedrooms, 2 bathrooms, in-unit laundry, a two-car tandem garage & private deck. Three units have recently turned over & been updated, resulting in substantially higher rents & demonstrating the property's rent-growth potential. One remaining unit provides additional opportunity for future rent growth through turnover & selective updates. Unit finishes vary, with a mix of hardwood flooring, carpet & updated features. Conveniently located near shopping, dining, parks, coffee shops & major highways. Showings only with accepted contract. Please do not disturb tenants. 612 Thunderbird Court is also available. Seller prefers to sell both adjacent 4-family properties together as an 8-unit portfolio for $1,875,000. A truly rare opportunity to acquire 2 side-by-side multifamily properties totaling 8 spacious 3BR/2BA units in one of West County's most desirable & tightly held rental markets. Income today with additional upside tomorrow.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
5636.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
8
-
Construction Materials
Brick, Brick Veneer
-
Parking
Basement
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.36
-
Lot Size(square feet)
15,681
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Apartment Style
Price
-
Sales Price
$950,000
-
Tax Amount
$8,270
-
Financing Options
Cash, Conventional
-
Sq. Footage
5,636
-
Price/SqFt
$168
HOA
-
Association
YES
-
Association Fee
$1,590
-
Association Fee Frequency
Annually
-
Association Fee Includes
N/A
School District
-
Elementary School
River Bend Elem.
-
Middle School
Central Middle
-
High School
Parkway Central High
Property Features
-
New Construction
NO
-
Senior Community YN
NO
-
Water Source
Public
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Location
County
St. Louis
Elementary School
River Bend Elem.
Middle School
Central Middle
High School
Parkway Central High
Listing Courtesy of Aleksandra Skorubskiy, TdD Premier Real Estate
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Agent / Realtor®
Emily Kostuke
Call Emily today to schedule a private showing.
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Related Properties
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612 Thunderbird Court
None Beds
None Baths
5,544 Sq.Ft.
$925,000
MLS#: 26063745
