Turn-Key Botanical Heights Four Family

This property is located in a neighborhood undergoing a transformation, with many new single family homes being built nearby. There are also many buildings currently undergoing complete renovation along with new businesses and restaurants opening in the neighborhood. Located within walking distance to the Botanical Gardens and Tower Grove Park. Property would make a great investment or is ideal for an owner occupant.

4158 McRee

Turn-key fully rented four family that has updated eat-in kitchens, updated baths, hardwood floors, some newer vinyl windows, updated electric, pvc plumbing, central air, and has a fenced yard and off-street parking.

Annual Expenses and Income:

Expenses
Taxes: $663.62
Insurance: $600.00
Sewer: $1318.20
Water: $757.72
Trash: $140.00
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Total: $3,479.54

Rents
1E: $475/mo. (lease through 1/31/16)
1W: $475/mo (month to month)
2E: $450/mo (month to month)
2W: $475/mo (month to month)
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Gross Monthly: $1,875.00
Gross Annual: $22,500.00

Net Income: $19,020.46

Asking $180,000
Paying Buyer’s Agents 2.7%

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