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2720 Texas Avenue

St Louis, MO 63118
1,970 sqft
$160,000
Photo of 2720 Texas Avenue St Louis MO 63118

Details

This two-family property presents a great investment opportunity. The first-floor unit, a 1-bedroom, 1-bath, is currently rented at $699 per month, with rent paid reliably by an agency. A lease renewal is already in place for December 2024, increasing the rent to $799 per month. The second-floor unit, also a 1-bedroom, 1-bath, is vacant after the previous tenant moved out in August and will need a make-ready. With median rents in the area around $850 per month, the property offers strong potential for cash flow. The property is being sold as is.

Specs

Type Multi-Family
Square Footage 1,970 sqft
Lot Size 0.07 acres
Year Built 1914
Taxes Paid $986

Lots & Building Features

Appliances Some Range Oven(s), Some Window Treatment(s), Some Smoke Alarm(s), Some Shower Bath(s), Some Refrigerator(s)
Construction Brick Veneer
Cooling Wall/Window Unit(s)
Heat Source Gas
Heating Forced Air
Parking Description Detached Garage - 1-2 Car
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 25x120x25x120 ft

Room Details

Misc Description Basement, Deck, Fencing, Storage Room Avail

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Financing

$
20%
0.61625%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City St Louis
County St Louis City
School District St. Louis City
Subdivision Daggetts Add

Schools

Elementary School Sigel Elem. Comm. Ed. Center
Junior High School Fanning Middle Community Ed.
Senior High School Roosevelt High
Felina Higby, STL Real Estate Pros, LLC