Buy & Hold (Multifamily): (4 Units) 5040 & 5042 Lotus Ave, St. Louis, MO 63113 + $295,000

Multifamily Investment Opportunity

DEAL SNAPSHOT

Asking Price: $295,000 or best offer

Asset Type / Strategy: Turnkey 4-unit / Buy & Hold

Units: 4 units, 3 bed / 1 bath each

Condition: Fully rehabbed

Occupancy: 2 of 4 units rented

Unit 1 rent: $1,050/mo

Unit 2 rent: $950/mo

In-place rent (2 units): $2,000/mo

Status: Available

Price

$295,000 (or best offer)

OFF-MARKET INVESTMENT OPPORTUNITY

5040 & 5042 Lotus Ave, St. Louis, MO 63113

INVESTMENT OVERVIEW

5040 & 5042 Lotus Ave is a fully rehabbed four-unit rental in St. Louis (63113). All four units are 3-bedroom / 1-bath. Two units are leased at $1,050 and $950 per month, so the property produces income from day one. The two vacant, rehabbed units give a new owner a direct path to lease-up.

PROPERTY & INVESTMENT HIGHLIGHTS

• 4 units, all 3BD/1BA

• Fully rehabbed (turnkey)

• 2 units leased: $1,050 + $950 per month

• 2 vacant units ready to lease

• Asking $295,000, or best offer

POTENTIAL BUSINESS PLANS

• Buy & Hold: keep the in-place tenants and lease the two vacant units.

• Value-Add Lease-Up: stabilize occupancy at the buyer's own underwritten market rents.

DOCUMENTS AVAILABLE (on request with POF)

• Photos (Dropbox)

• Rent ledger

Rents for the 2 vacant units, NOI, taxes, and expenses are not stated by the seller. Buyers must independently underwrite. An updated financial sheet from the seller is pending. No OM / T12 available.

READY TO MOVE?

Request info / submit an offer: Email investments@promiselandrealtyllc.com with (1) the property name, (2) your Proof of Funds or lender pre-approval, and (3) your offer or the documents you'd like.

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PROMISELAND DISCLAIMER: Promiseland Realty LLC is a nationwide real estate consulting firm specializing in off-market investment opportunities, strategic acquisitions, and real estate advisory services. No one is permitted to market, advertise, or distribute this listing without express written permission or verified membership within the TEAM PROMISELAND network. Unauthorized use or sharing of this opportunity, photos, or property information will result in a $500 fine per incident, enforceable by law. All off-market properties are sold As-Is, Where-Is. Buyer is responsible for conducting their own due diligence. Properties are conveyed via warranty deed, and Promiseland Realty LLC is selling its assignable contractual interest. Proof of Funds is required with all offers. Earnest Money Deposit (EMD) is due within 48 hours of an accepted offer. All closings are facilitated through a licensed title company or closing attorney. Realtors and Brokers: You are welcome to bring a buyer — please add your fee on top of our asking price.