3801 Folsom Ave, St Louis, MO 63110

Property Description

Large 2-family consisting of two townhouses (this building was originally a 4-family), each with over 1500 sq ft and 3br/1.5ba. First floors are large open layouts with plenty of windows that let in nice light. Plenty of room for living room and dining area which open up to the kitchens. Half bath on first floor of each unit. The bedrooms upstairs are nice size as well with plenty of windows and nice sized closets. Both units have central air/heat and in unit laundry, and there is parking in the rear. Basements are clean and have room for tenant storage. PVC plumbing and updated electric. The building sits on the corner of a quiet cul-de-sac near SLU and Shaw, very close to the new and expanding SSM Hospital. Both units are rented to great tenants thru July 2027, one for $1795, other for $1695. Plenty of rental demand in this area with room to raise rents given how uniquely large these units are. Great opportunity for investors looking for passive income. Showings only with accepted contract. Please do not disturb tenants. Owner-agent prefers as-is sale.