8440 N Broadway Saint Louis, MO 63147
Baden NeighborhoodEstimated payment $4,566/month
Total Views
173,755
30
Beds
22
Baths
9,632
Sq Ft
$78
Price per Sq Ft
Highlights
- 0.56 Acre Lot
- Brick Veneer
- Forced Air Heating and Cooling System
- Balcony
- Window Unit Cooling System
- Laundry Facilities
About This Home
All 18 units in 2 turnkey buildings are occupied & generating excellent cashflow - 2024 NOI was $100,000+++. Plus, there is an opportunity to make this 18-unit into a 24-unit if desired! The (4) 4-bed / 2 ba units could easily be reconverted back into 8 units, plus 2 units could be recreated in the lower level to make 24 units, as originally designed. Gated complex w/ parking. New roofs on both buildings. New sewer lateral line. Units have already been renovated but could be made even nicer for higher rents. There was a small fire a couple years ago that affected 2 units; both have been fully remedied and renovated, with proper permits. Contractor bids for ~ $450,000 to convert back to 24-units, add storage lockers & 2 coin laundry rooms (in each building's lower level) to increase cashflow, completely remodel all units, and update some mechanicals. All of that could be deferred or entirely skipped. The options are endless. Slam dunk on cashflow. Owner selling due to living out of state. Landlord pays trash, water & sewer. Tenants pay power.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,210
Year Built
- Built in 1964
Lot Details
- 0.56 Acre Lot
- Lot Dimensions are 201x121
Home Design
- 9,632 Sq Ft Home
- Brick Veneer
Bedrooms and Bathrooms
- 30 Bedrooms
- 22 Bathrooms
Parking
- On-Street Parking
- Open Parking
- Parking Lot
- Unassigned Parking
Schools
- Herzog Elem. Elementary School
- Yeatman-Liddell Middle School
- Vashon High School
Utilities
- Window Unit Cooling System
- Forced Air Heating and Cooling System
- Electric Water Heater
Additional Features
- Washer Hookup
- Balcony
Listing and Financial Details
- Assessor Parcel Number 4293-00-0050-0
Community Details
Overview
- 2 Buildings
- 18 Units
- Low-Rise Condominium
Additional Features
- Laundry Facilities
- Net Operating Income $122,133
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/02/2025 05/02/25 | Price Changed | $750,000 | 0.0% | $78 / Sq Ft | |
| 05/02/2025 05/02/25 | For Sale | $750,000 | +50.3% | $78 / Sq Ft | |
| 03/19/2025 03/19/25 | Off Market | -- | -- | -- | |
| 12/21/2015 12/21/15 | Sold | -- | -- | -- | View Prior Sale |
| 10/09/2015 10/09/15 | For Sale | $499,000 | -- | $25 / Sq Ft |
Source: MARIS MLS
About the Listing Agent
Julie Carter is a former junior national champion and former national record holder cyclist who had a career as a renowned collegiate cycling coach at two of the top-ranked universities in the United States. She garnered 20 national championship titles as a coach with wins in each of the 5 disciplines of the sport (Track, Mountain, Cyclocross, BMX, and Road). Her husband, Josh, was also deeply involved in the cycling world and raced as a professional and semi-professional road cyclist, and they
Julie's Other Listings
Source: MARIS MLS
MLS Number: MIS25016792
APN: 429300-00500
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