Excellent opportunity to acquire a high-yield duplex with immediate income and massive upside. The upper unit is occupied by a stable, month-to-month resident paying $710 per month, providing instant cash flow from day one while allowing total flexibility for future adjustments. With comparable market rents sitting around $1,050 per month per unit, this property offers a strong, proven value-add runway.The lower unit is currently vacant and ready for updates, presenting the perfect canvas for investors looking to renovate, force appreciation, and maximize equity.This property is being sold As-is. Seller will do no repairs or warranties. Perfect for buy-and-hold investors, portfolio builders, or rehabbers looking for their next project in a high-demand rental pocket. Cash or conventional financing preferred. Buyer to verify all information, including rents, square footage, schools and property details.
Listed By
Agency Name: Evernest, LLC
Shown By
Agent Name: Julia Moore
Agent Phone: 616.264.2904
Agency Title: RedKey Realty Leaders
Estimated Payment
$ 372.14 per month $326.89 Principal & Interest $27.75 Property Tax $17.50 Homeowner's InsuranceCONTACT DETAILS
16123 Chesterfield Parkway West
Chesterfield, MO 63017
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5231 Lotus Avenue | MLS# 26041511
This multi-family property located at 5231 Lotus Avenue, Saint Louis, MO 63113 is currently listed for sale with an asking price of $60,000. Lotus Avenue is located within the St Louis City school district. Search Saint Louis real estate on juliamoore.redkeystlouis.com today.