3131 California Ave, St Louis, MO 63118

Property Description

Incredible Turn-Key Investment Opportunity in the Heart of Benton Park West! Welcome to this stately 1897 historic brick triplex, perfectly blending timeless St. Louis architecture with the modern amenities today’s tenants crave. Boasting over 4,800 sq. ft. of living space, this meticulously maintained building features a versatile unit mix, including two spacious 2 story townhome-style units and a generous main-floor flat. Each of the three units offers 3 bedrooms, (main floor offers a bonus room as well) & 2 full bathrooms, soaring 10-foot ceilings, and stylish wood-like flooring throughout. Improvements include updated kitchens, updated modern tiled bathrooms, updated electric, partial roof replacement 2023 and systems are under 10 years old. For ultimate tenant convenience, every unit is equipped with its own private washer/dryer in their unit, (which are owned & come with the property). Just blocks away from the vibrant Cherokee Street district, known for its eclectic dining, shopping, and arts scene and close proximity to Tower Grove Park and I-55, this property is a magnet for high-quality tenants. Fully occupied and generating immediate cash flow. Units are currently rented for $1450, $1410 & $1500 (which includes utility reimbursement fees for sewer, water & trash) This is a rare chance to own a high-performing asset in one of the city’s most trending neighborhoods!