Opportunity to purchase a renovated 4 family in The Grove, one of the most vibrant and desirable neighborhoods in St. Louis. Located within walking distance to Forest Park, Barnes-Jewish Hospital, Washington University Medical School, The Cortex, The Botanical Gardens.
Building underwent renovation including kitchens with granite countertops, updated cabinets, and appliances. Two units have in unit laundry. Each apartment has two-bedroom units. All systems were updated during the renovation including HVAC, electricity, PVC plumbing stacks. Roof was replaced in 2019. A bathroom was just updated with modern updates and shower. There is off-street parking and a fenced backyard with a deck in the back.
Apartments are rented under market rent. There are three units rented at $1,195, $1,295 and $900. Two-bedroom apartments rent for as much as $1,350-$1,900 nearby with an average rent of $1,521 within a mile in the last 12 months. Seller is a licensee in the state of Missouri.
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