St Louis, MO 63111 7427 S Broadway

Established in 1757, the French settlement of Carondelet has a rich and impressive history and overlooks the Mississippi River. This 2-bldg. package features 8 apartments and 3 commercial units that are currently connected. The latter features a large open area with a smaller warehouse in the rear w/garage door opening into the parking lot. Apartments are mix of 6 studios and 2 1-bed units. Window AC & boiler heat included w/rent (Unit C is being switched to mini split). Gas water heaters, PVC stacks. Parking in rear & on-street Roofs/gutters new ’16. 7425 S. Broadway: 1-story, built in 1936, 2,774 sf. 7427-29 S. Broadway: 3-stories, built in 1896, 11,473 sf. 14,247 sf total. Nearby are restaurants like Stacked STL, a grocery store, independent businesses like Perennial Artisan Ales microbrewery, plus parks, River City Casino, and I-55. Commercial units were recently vacated. There are six residential units rented at $825, 800, 800, 750, 650, and 625…after which there are two residential vacancies. See supplements for rental property verification. Property is ready for you to add value and bring it back to its full potential.