Active MLS# 26048130

426 Bowen Street, St Louis City, MO 63111

Subdivision: Gamaches Add

List Price: $149,500

0

Bedrooms

N/A

Baths

1,840

Area (sq.ft)

$81

Cost/sq.ft

N/A

Type

13

Days on Market
Call Agent

Description

**Excellent Investment Opportunity!** Whether you're looking for a turnkey investment with immediate rental income or an owner-occupancy opportunity, this duplex offers flexibility. Keep both tenants in place and enjoy steady monthly cash flow, or occupy one unit while collecting rental income from the other to help offset your housing expenses. Well-maintained all-brick, two-story duplex featuring two spacious 2-bedroom, 1-bathroom apartments. This income-producing property has been well cared for and includes several major capital improvements, including a **new roof**, **new gutters**, **new sewer lateral line**, and **two new electric water heaters**. The exterior is in **very good condition**, offering excellent curb appeal and requiring little to no immediate exterior maintenance. Each unit features a spacious living room, functional kitchen, full bathroom, and two comfortable bedrooms. A full walk-up basement provides convenient access and includes separate laundry areas for both units. The property is occupied by long-term tenants who would like to remain. The first-floor tenant has been in place for over three years, and the second-floor tenant for over five years. Interior cosmetic updates or TLC could be completed if the units become vacant, providing an opportunity to increase value and rental income. Conveniently located near **Carondelet Park**, with quick access to Interstate 55, close to local shopping, restaurants, and everyday commerce, and just minutes from downtown St. Louis and major sporting venues. A solid addition to any investment portfolio with stable occupancy and future upside.

Property Information

List Price $ 149,500
Original Price $ 149,500
Status Active
MLS# 26048130
Bedrooms 0
Full baths 0
Half baths 0
Main Floor Full Baths 0
Sq. Ft. Above 1,840
Lot Size
Acres 0
Subdivision Gamaches Add
Municipality St Louis City
School District St. Louis City
County St Louis City
Property Type Residential Income
Style
Style Description
Transaction Type
Special Conditions Standard
Type
Building Exterior Amenities
Building Style Apartment Style
Ownership
Special Description Standard
Appliances Some

Additional Information

Elementary School Woodward Elem.
Jr. High School Lyon-Blow Middle
Sr. High School Roosevelt High
Association Fee None
Architecture Apartment Style
Construction Brick
Garage Spaces 0
Carport Spaces 0
Basement Description Other,Unfinished,Walk-Up Access
Fireplace Type
Fireplace Location
Lot Dimensions
Special Areas
Cooling Central Air
Sewer Sewer
Heating Forced Air
Water
Heat Source
Kitchen
Appliances
Dining
Interior Decor
Property Tax $638

Map Location

Change History

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Listing Courtesy of Platinum Realty of St. Louis - [email protected]