Updated 4-Family in Southwest Gardens

This four-family property on Kemper Avenue in Southwest Garden is located less than a quarter mile from Tower Grove Park. This property is part of a six property portfolio that can be purchased individually or together, including four 4 families on Kemper. Built in 1942, the building features 1-bedroom, 1-bathroom units, 2,760 square feet, with off-street parking.

The property has recently been updated with modern bathrooms featuring sliding glass doors, tile, and vanities, vinyl windows, and new flooring in the kitchens. The building has central heating and cooling, a 3-4 year old roof, and almost all new plumbing and electrical systems. Additionally, the building has hardwood flooring, laundry facilities, and storage units in the basement.

There is potential to increase rents with similar sized 1-bedroom apartments within a mile radius averaging rents at $1,010. Three apartments were recently leased, with one apartment left vacant for showings.