Opportunity to purchase a solid, income-producing four-family in the heart of South City at 4942 Kemper Avenue, 63139.
All units are 1 bedroom / 1 bathroom, currently fully leased with (3) units at $650 and (1) unit at $700.
Month-to-month leases provide flexibility for immediate rental increases or owner-occupancy.
Current rents are below market, creating strong value-add potential through rent increases or light cosmetic updates.
Qualifies for attractive financing – 4.75% interest, 5-year term, 30-year amortization.
Great location near Tower Grove Park, The Hill, South Grand dining, and major highways – a highly desirable and walkable rental area with strong tenant demand.
Well-maintained with great bones, offering a stable foundation while leaving room for the next owner to increase income and property value.
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