3915 Miami Street
Property Description
Investment opportunity in the desirable Tower Grove South neighborhood! This fully updated brick duplex at 3915 Miami St features two spacious 2-bedroom, 1-bathroom units, each with an enclosed sunroom providing valuable additional living space. These versatile rooms are ideal for a home office, reading room, exercise area, or bonus sitting room. Both units are currently vacant, allowing the new owner to select tenants, establish new lease terms, or occupy one unit while renting the other. Considering the updated condition and added sunroom space, projected market rent is approximately $1,600-$1,800 per unit per month, creating the potential for $3,200-$3,600 in total monthly gross rental income. Passing occupancy inspection reports are available, helping make the property ready for its next chapter. Conveniently located near Tower Grove Park, neighborhood restaurants, shopping, public transportation, and major commuter routes. Don't miss this opportunity to add a renovated, income-producing duplex to your portfolio in one of South St. Louis City's most popular rental areas. Rental projections are estimates only; buyers should independently verify rents, expenses, permitted use of sunrooms, and financial performance.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $295,000 |
| No. of Units: | 2 |
| Year Built: | 1925 |
| Lot Size: | 2,304.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $147,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-MARISMO-26055861
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