5641 Cates Ave, St Louis, MO 63112

Description

Welcome to 5641 Cates Ave, an updated, Income-Producing Duplex Near WashU. Whether you’re expanding your investment portfolio or looking for a smart house-hacking opportunity, this duplex offers two beautifully updated units, a proven rental history and multiple ways to generate income. Previously operated as a successful short-term rental, this property provides flexibility for investors and owner-occupants alike. The spacious two-story unit features 3 bedrooms and 3 bathrooms, while the second unit offers 2 bedrooms and 1 bathroom. Both units have been thoughtfully updated with stylish finishes and comfortable, functional layouts. Furnishings are negotiable, creating the opportunity for a seamless transition into rental operations, and access to a private backyard which is an added feature rarely found with this type of property. Tucked away on a quiet cul-de-sac near Washington University and just 1.5 miles from the Delmar Loop, the property offers convenient access to dining, shopping, entertainment and public transportation. Live in one unit while generating income from the other, or lease both units to maximize the property’s investment potential. Two updated units. One desirable location. Multiple possibilities for income and long-term growth. It doesn’t get much better than this! Second floor unit just rented for $2400/month with a 6-month lease as of October.