2722 Miami Street offers a fully renovated 6-unit multifamily building in the heart of South City, St. Louis, with each unit featuring 2 bedrooms and 2 bathrooms. A full gut rehab was completed in 2020, including new plumbing, electrical, water heaters, roof, flooring, modern kitchens with updated appliances, and in-unit washer/dryers.
Miami Street delivers a 9.70% gross cap rate when fully occupied. Currently, 5 of 6 units are rented, with a pro forma of $7,200 monthly income and roughly $65,860 annual NOI. Each renovated 2-bed, 2-bath unit earns above-market rents, offering investors a turnkey, high-return asset with immediate cash flow.
Active
Listing Provided by:
Timothy McCarthy 636-699-5668,
Salient Realty Group, LLC
$680,000
2722 Miami St, Saint Louis, MO 63118
2beds
2baths
6,828sqft
Est.:
Condominium, Multi Family, Apartment
Built in 1880
-- sqft lot
$-- Zestimate®
$100/sqft
$-- HOA
What's special
Updated appliancesModern kitchens
- 11 days |
- 105 |
- 4 |
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