Wholesale Benton Park 2 Family

Building

• Opportunity to own a large two family and separate single family home all on the same lot and parcel in Benton Park.
• Buildings feature all newer vinyl windows, updated electric, pvc plumbing, newer furnaces is only a block from Benton Park and walking distance from the shops and restaurants on Cherokee Street and the Anheuser Busch brewery.
• The large 2700 sq ft two family in the front was originally a saloon and converted into two residences, the units need rehab including a roof.
• The tenant on the first floor recently moved out and paid $750 monthly, the second floor unit was previously rented for $750.
• There is an additional 2 bedroom single family home that is approximately 1000 sq ft in the rear of the lot that was recently rented out for $600 a month.
• This property would be great for an investor looking for a value add opportunity, a business owner who wanted a live-work space or an owner occupant who wanted additional income.
• Market rent for the units after updates are $900-$1000 per unit for a gross monthly income of $2,700-$3,000 a month and $32,400 – $36,000 annually.

Asking price $109,900

Jordan Schoen is a Licensed Broker in the State of Missouri