4,400 SF Tower Grove South 4-Family

Well maintained 4,400 sq ft four-family located in Tower Grove South a couple of blocks from the restaurants on Grand and a short walk to Tower Grove Park. This updated building features 1,000+ square foot units with large rooms, these are 1 bed units with a smaller 2nd room that could be used for a kids bedroom or office. Features include updated kitchen cabinets, decorative fireplaces, claw foot tubs in the bathroom. Building has updated HVAC, updated electric panels, PVC stacks, separate storage lockers in the basement for the tenants and a privacy fence in the backyard. The apartments are rented for $720, $675, $550 and there is one vacant that was previously rented for $675. If you include what the previous tenant was paying in rent the total monthly rental income would be $2,620 a month and $31,440 over an annual basis. If you raised all rents to $720 the monthly income would be $2,880 and $34,560 annually. Great for either an owner occupant or investor. Showings to start Friday October 9th.

Paying buyer’s agents 2.5%