924 Pendleton Ave, Saint Louis, MO 63108

Welcome to this three-unit building located just two blocks from Delmar in the historic Vandeventer neighborhood. This property is primed to start generating income right away. The upstairs unit features four spacious bedrooms and is nearly rent-ready. On the main floor are two additional units that could easily be combined into another four-bedroom apartment. One unit is nearly complete as a one-bedroom, while the other still needs a full buildout and could also become a one-bedroom. Each unit is separately metered and equipped with newer HVAC systems—the bottom unit just needs A/C. The basement houses updated electric panels and water heaters. HUD currently pays up to $2,570 for a four-bedroom unit in this area, meaning you could generate over $5,000/month once the lower units match the upstairs configuration. While some finishing work is needed, the property offers strong cash-flow potential. Don’t miss this opportunity to own a partially rent-ready investment property just steps from Delmar. Vacant lot next door can be included, not currently listed. Offers will be reviewed as received—bring your highest and best. Priced to move quickly, seller seeks a fast, as-is sale.