4-Fam with 2 Bed Units by St. Louis University

Opportunity to purchase a large 4 family with 2 bed units near St. Louis University, Lafayette Square and Tower Grove Park. The building has 3 long term tenants that each pay $550 a month. There is potential to raise the rents, similar 2 bedroom units in the neighborhood rent for $650-$700 a month. There is off street parking for each unit. Ideal for an owner occupant or investor. An owner occupant could live in one unit for free while the tenants pay the mortgage. Building features updated plumbing and electric with newer vinyl windows. Currently priced at an 11% return on investment.

Jordan Schoen Is A Licensed Broker In The State Of Missouri