This brick 4-family property, featuring all 1-bedroom units and spanning 3,190 square feet, is a great opportunity waiting for the right investor. Here’s why this property stands out:
Search the MLS below using the city, postal code, address or listing id of the desired property.
Search the MLS below using the city, postal code, address or listing id of the desired property.
Opportunity to purchase a renovated 3 family in The Grove. Located across the street from a park, near Forest Park, Barnes-Jewish Hospital, Washington University Medical School, The Cortex, and The Botanical Gardens.
This 3,652 sq. ft. building has a recently renovated 1,800+ sq. ft. 2-story townhome with 3 beds and 1.5 baths. Features include an updated kitchen with stainless steel appliances, updated bathrooms, a fireplace, central air, hardwood floors, a fenced backyard, and off-street parking. Perfect for owner occupancy or for an investor. There are also 2 one-bedroom units with one unit rented for $1,195 and $995.
The potential income is over $50,000 annually if fully rented. Average rent for similar size townhomes within a mile in the last year is $2,304 and the average rent for a similar size 1 bedroom is $1,402. There are two separate basements, the east basement has a bathroom with a shower, and two partially finished rooms.
Take the virtual tour: https://my.matterport.com/show/?m=xLoqix8ZGs9
Search the MLS below using the city, postal code, address or listing id of the desired property.
Unique well-maintained 4,032 sq ft four family building located in Benton Park. Walkable to Benton Park, Lafayette Square, Blue City Deli with easy access to highway 44. Building features two 2 bedroom units and two 1 bedroom units. Three units are currently occupied; the 1 beds are currently rented for $500 and $475, the 2 bed is rented for $700. With updates the 1,200 sq ft 2 bedroom units could potentially rent for $975 and the 1 beds for $600 for each. Fully rented with updated units the gross monthly income could be $3,250 a month and $39,000 annually. Building has updated systems including electrical panels, HVAC, plumbing, central air. The property includes a landscaped courtyard and area for potential off-street parking.
Expenses:
Water/Trash $1,400
Sewer $840
Maintenance $4,000
Insurance $1,816
2019 Taxes $2,857
Total $10,913
Paying buyers agents 2.70%
Search the MLS below using the city, postal code, address or listing id of the desired property.