Check out this four family for sale that has been well maintained and professionally managed. Building features newer vinyl windows, updated electric, has two newer furnaces, roof and laminate floors are in good condition. There also is fenced in off street parking. 3 out of the 4 units are currently rented at $350, $340, $325 with the last unit vacant to show. The current management company is open to continuing to manage the building if desired. This is a low maintenance investment that will provide great cash flow. Fully rented this building grosses over $16,000 a year.
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Large brick 2 family for sale located just 2 blocks from Lindenwood Park. Located on a street with predominately single family homes this building sits on a large corner lot with a garage and a good size fenced yard with covered decks and a patio. Each unit is 1175 square feet and features hardwood floors, central air, each with two beds and large separate living room and dining room with fireplace. The first floor unit has been recently renovated and updated with new kitchen cabinets, granite counter tops and tile work, stainless steel appliances, fixtures and hardware. The bathroom was also recently remodeled. The first floor is vacant and would be ideal for an owner occupant who would live in one unit and have the tenant pay the mortgage. The second floor is currently rented for well below market rent $650 a month. The basement has separate storage and laundry for each unit and the plumbing and electric has been updated. Potential to convert to a large 4 bed 2 bath single family.
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