3408-3410 Mckean Ave, St Louis, MO 63118

Property Description

Unlock the potential of this substantial all-brick 4-family property offering nearly 4,500 square feet of living space and four spacious 2-bedroom, 1-bath units, each measuring over 1,000 square feet. With projected rents of approximately $1,000–$1,400 per unit, this property presents an exciting opportunity for investors seeking strong cash-flow potential and significant value-add upside. This is a true blank canvas ready for renovation and repositioning. Each unit features a desirable floor plan with a large living room, separate dining area, sectioned-off bedrooms, and a generously sized eat-in kitchen. The upper-level units also offer balcony access, adding additional appeal for future tenants. The property includes a full divided basement providing valuable storage and utility space, along with a detached rear garage. Some PVC plumbing is already present, offering a starting point for the renovation process. Situated in a nice neighborhood with convenient access to shops, restaurants, parks, grocery stores, and everyday amenities, the location provides a solid foundation for a successful rental investment. Whether you're an experienced multifamily investor, rehabber, or looking for your next value-add project, this property offers the scale and layout to bring your vision to life. Restore this property to its former glory and capitalize on the rental income potential. Property is being sold strictly AS-IS. Complete renovation is required. Buyers are encouraged to perform their own due diligence regarding projected rents, renovation costs, zoning, permits, and property condition.