Listing
Overview
Price: $999,888
Area: ST. LOUIS
Status: Active Under Contract
Seize this remarkable opportunity along Saint Louis Drive, where a versatile property awaits your vision. This home is thoughtfully divided into four separate living areas, offering incredible potential for income generation. The first floor features a spacious 2-bedroom, 1-bath unit with breathtaking views from the lanai. Adjacent to this unit is a cozy studio complete with a wet bar and full bath, perfect for a guest or additional rental income. As you descend the stairs, you'll discover two separate 1-bedroom, 1-bath units, each offering privacy and comfort. While tax records do not reflect the current layout, all four units have previously been rented, generating solid monthly income:2-bedroom unit at $1,600, studio at $850, first 1-bedroom at $1,425, and the second 1-bedroom at $1,325. With creativity and some modern renovations, you can transform this property into an outstanding income-producing asset. This property is being sold in As-Is condition, with no repairs or credits offered by the sellers. The carport is currently unusable; please contact the agent for alternative parking arrangements. The seller may participate in a 1031 exchange at no cost to the Buyer. Listing by: Lifetime Properties LLC (808) 368-5178
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- BedsTotal: 4
- Full Baths: 4
- Land Area (sf): 5,990
- Living (sf): 1,210
- Year Built: 1952
- Property Condition: Average
- Number of Parking Spaces: 2
- View: City,Mountain,Sunset
- Listing Office: Lifetime Properties LLC
- Land Tenure: FS - Fee Simple