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Luke Mitchell

640 Cepi DriveSuite 100
Chesterfield, MO 63005

840 Spring Avenue, Saint Charles, MO 63301

$2,300,000
  • 840 Spring Avenue, Saint Charles, MO 63301 Main Photo

10 Photos

New to the Market Active
BEDS0 BATHS SQUARE FEET11,280 MLS#26072164
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONWilmes Trendley SCHOOLSt Charles R-VI

Property Description

Prime Turnkey Opportunity: Fully Renovated Multi-Family Property in Historic St. Charles. Unlock incredible investment value with this exceptional 11,280 square foot multi-family property situated on a spacious 0.46-acre lot at 840 Spring Ave. Perfectly tailored for savvy investors seeking strong, stable rental yields, the building features fully renovated 1-bedroom, 1-bathroom apartment units designed to meet modern tenant demands. Each updated space boasts contemporary hardwood flooring, central air conditioning, and a private patio, alongside the crucial daily conveniences of on-site shared laundry facilities and dedicated off-street parking. Tucked away on a remarkably quiet, pet-friendly street, this asset is built to minimize vacancies and maximize long-term cash flow.Location is everything, and this property delivers an unbeatable geographic advantage with exceptionalwalkability in the heart of Saint Charles. Tenants can comfortably walk to local grocery stores, vibrantrestaurants, popular neighborhood bars, and the campus of Lindenwood University, ensuring a steady,built-in demographic of student and faculty renters. Residents are also just minutes from the historiccharm, boutique shopping, and riverside dining of the Historic Main Street and Frenchtown Districts. Withquick access to major commuter corridors and the Boeing employment hub, this high-demand locationguarantees enduring appeal and consistent renter interest.

840 Spring Avenue | MLS# 26072164

This multi-family property located at 840 Spring Avenue, Saint Charles, MO 63301 is currently listed for sale with an asking price of $2,300,000. Spring Avenue is located within the St Charles R-VI school district. Search Saint Charles real estate on lukemitchell.trophypa.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Garage: 2
Home Style: Apartment Style, Low/1-2
Lot Size: 0.46 Acres
Taxes: $15,128
Year Built: 1970

Feature Descriptions

Days on Site: 1
Exterior: Asphalt
Parcel#: 6-009C-4161-02-0016.0000000
SQFT. Above Grade: 11280
Units: 20

Local Schools

High School: St. Charles High
Middle School: Jefferson / Hardin
Elementary School: Blackhurst Elementary
School District: St Charles R-VI

Listed By / Shown

Listed By

Agency Name: Apartment Advisors of America LLC

Shown By

Agent Name: Luke Mitchell
Agent Phone: (573) 541-1232
Agency Title: Trophy Properties and Auction

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Estimated Payment

$ 7,050.30 per month $5,118.80 Principal & Interest $1,260.67 Property Tax $670.83 Homeowner's Insurance

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