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$55,000
Est. payment /mo
5,280 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Active
Purchase Type For Sale
Square Footage 5,280 sqft
Price per Sqft $10
Subdivision Hedgeleigh Park Add
MLS Listing ID MIS24075217
Year Built 1925
Lot Size 8,751 Sqft
Acres 0.2009
Lot Dimensions 70x125
Property Sub-Type 5 Family or More
Property Description
Big Price Reduction Just Taken! This 8-plex apartment building located at 5154 Palm Street offers a tremendous opportunity for the right investor or developer. Situated in a growing neighborhood of St. Louis, this property is a blank canvas ready for renovation. Currently vacant and in need of significant rehab, it has the potential to be transformed into a profitable rental asset or a multi-family project.
The property features 8 individual 2BR/1 Bath units, providing ample space for value-add improvements. With the right vision and investment, this building can be restored to its former glory, bringing strong cash flow and long-term value.
Whether you're a seasoned investor looking for a project or a developer seeking to revitalize an area, 5154 Palm Street is an ideal opportunity. Be Sure to check into potential funds and grants available through the city and special programs! Seller Financing May Be Available Also. Seller to Do No Repairs.
The property features 8 individual 2BR/1 Bath units, providing ample space for value-add improvements. With the right vision and investment, this building can be restored to its former glory, bringing strong cash flow and long-term value.
Whether you're a seasoned investor looking for a project or a developer seeking to revitalize an area, 5154 Palm Street is an ideal opportunity. Be Sure to check into potential funds and grants available through the city and special programs! Seller Financing May Be Available Also. Seller to Do No Repairs.
Location
State MO
County St Louis City
Area 5 - North
Interior
Heating Other
Cooling Other
Fireplace N
Appliance Other
Exterior
Parking Features false
Building
Sewer Public Sewer
Water Public
Architectural Style Low/1-2
Structure Type Brick
Schools
Elementary Schools Lexington Elem.
Middle Schools Yeatman-Liddell Middle School
High Schools Sumner High
School District St. Louis City
Others
Ownership Private
Special Listing Condition Standard
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Listed by Provident Property Management LLC
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