3-family building in the heart of Soulard! Unit A has just been updated it is a 2 bedroom/1 bath this is currently vacant and will rent for $1200. Unit B has just been renovated and is owner-occupied, it is a 2 story townhome with 2 beds/2 baths (2nd & 3rd floors), this will rent for $1500. Unit C is a 2 story townhome in the rear, it has 2 beds/1.5 baths, currently rented for $825. All units have central HVAC. Home is located down the street from the Soulard Farmers Market, numerous shops, restaurants & bars. The building had the roof replaced approx 10 years ago. HVAC in unit A installed in 2018, unit B a couple of years old.

Five well-maintained townhomes built-in 1986. There is one 3 bedroom and 2 1/2 bath and 4-2 bedroom and 1 1/2 Bath townhomes located in a tucked away quiet complex. There are walk-in closets, updated kitchens, and baths, in unit laundry area, nice private decks, and much more. The tenants pay for the sewer and water. This sale includes 914, 940, 946, 806, and 808 Amaral Circle.

Just steps from Tower Grove Park this 4 family has been renovated throughout and features hardwood floors, central air, vinyl windows, updated kitchens with updated cabinets, countertops, dishwashers and original built-in cabinets. Bathrooms were completely updated. There are 2 garages with a parking spot for each tenant and backyard is secure with privacy fencing. There is an enclosed porch for each unit. Building has central air and the seller replaced furnaces, condensers, water heaters. There are updated electric panels and pvc stacks. Building was recently fully rented to long term tenants under market rent with the apartments rented at $900, $900, $825, and $880 for a total of $3,505 a month, there were two recent vacancies. There is one new tenant pending at $925+ $25 for pet rent and the other apartment is being marketed to rent at $925. Once fully rented with the 2 vacancies filled the building would rent for $3,675 a month. Expenses are $7,733 annually. There was no vacancy in 2020.

This Princeton Heights four-family has been renovated throughout and meticulously maintained. These apartments which are approximately 935 square feet feature renovated kitchens including updated cabinets, stainless steel appliances, breakfast bar. Bathrooms were renovated with new flooring, tiled shower surround with rain shower heads and updated vanities. Building has a detached garage and back porches for all units, hardwood floors, French doors, central air with updated furnaces and condensers, pvc stacks, updated electric panels. Building is fully rented for $3,735 a month which is $44,820 annually if fully rented. Annual expenses are $7,844. If fully rented the net annual income would be $36,976 which is a 7.3% cap rate. There was only 1 month of total vacancy for the building in 2020. Can be purchased along with 4947 Arsenal, 4960 and 4940 Odell, 6200 Hoffman.

Southwest Gardens four-family located less than a block from Tower Grove Park and a short walk to the Botanical Gardens and The Hill. This four family has been renovated throughout. These apartments are approximately 800 square feet and feature renovated kitchens including updated cabinets, updated appliances with dishwashers, tile floors. Bathrooms were renovated with new flooring, tiled shower surround with rain showerheads and updated vanities. Building has off-street parking for each tenant, central air with recently replaced furnaces and condensers, pvc stacks, updated electric panels. Roof was replaced approximately 3 years ago. Building is fully rented for a total of $3,445 a month which fully rented annually would be $41,220 annually. With expenses at $7,900 annually if fully rented the building would generate a net income of $33,320 which is a 7.4% cap rate. There was a total of 9 weeks of vacancy for all of the units combined in the building in 2020.

Completely renovated 5 family in Clifton Heights. All units were recently updated and construction was completed in 2020, the building was originally a 4 family and additional 5th unit was added in the basement. Units feature modern kitchens with updated cabinets, stainless steel appliances, in-unit laundry with appliances, new flooring, lighting and fans. Bathrooms are updated throughout with new vanity’s, toilets, flooring, shower systems. There are recently added mini-split heating and cooling for 3 of the units and the other 2 have HVAC. The electric panels, furnaces and water heaters were updated when renovated and there are PVC plumbing stacks. The building is currently fully leased. When fully rented this building generates $4,600 a month and $55,200 annually. Annual expenses $7,175 so if fully rented the building would generate an annual net operating income of $48,025 which is an 8.2 % cap rate.

Renovated 4 family steps from Tower Grove Park. Building is 4,114 sq ft not including enclosed bonus rooms. Units are 1,000+ sq ft and feature central HVAC, hardwood floors, stained glass and newer vinyl windows, recently updated kitchens with high end kitchen cabinets, updated tile floors and countertops, dishwashers. There are original wood built in cabinets and a breakfast bar. Bathrooms are all completely updated with new shower surrounds, flooring, vanity, toilet, etc. Building has a recently replaced pitched roof, updated plumbing with PVC stacks, recently replaced siding on the bonus rooms. Furnaces, water heaters, condensers were replaced. Roof is approximately 4 years old. Backyard has privacy fence, patio. Rents are $1,000, $975, $975. If fully rented this building rents for $3,925 a month which is $47,100 annually with annual expenses at $8,007. If fully rented the annual net income would be $39,093 which would be a 7.3% cap rate. There were only 3 weeks of vacancy in 2020.