113 Units Across Two Complexes

204 Washington St & 1009 Hawthorne St, Desloge MO 63601

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16-Unit Apartment Complex in Tower Grove East Neighborhood

This 16-unit apartment complex located in The Tower Grove East neighborhood has recently been updated.

It is made up of 14 one bedroom and 2 two bedroom units
Has key-card entry
A lawn sprinkler system
Each unit has their own energy-efficient (hotel style) HVAC system
Lots of closet space
New flooring, windows, kitchens and bathrooms
Updated electric
Updated PVC and PEX plumbing
Motion detector lighting in all hallways
Infrared security camera system
Coin operated laundry
EPDM roof with only one seam on the entire building

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Four-Family in Kingsway West Neighborhood

Four-family is available in the Kingsway West neighborhood near the Central West End!

Each unit has 2 bedrooms and 1 bathroom.

There is potential for a value add component from raising the rents.

All units were beautifully updated in 2020 with vinyl plank flooring throughout, tile in the bathrooms, and there is new electric (2021), and new plumbing (2020).

This property would be an ideal addition to any investor’s portfolio or an owner occupant.

When fully rented and everyone is paying, this is priced at a 15.6% CAP Rate.

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2-Family In Historic Shaw

Located in historic Shaw, this 2 family is a great opportunity for an investor or owner occupant. The first floor unit, rented at $1050/mo to long term tenants was previously used as an Airbnb rental. This unit has a Murphy bed, original pocket doors and a gas burning fireplace. Washer/dryer hookups are in the basement for this unit. The 2nd floor unit, previously owner occupied, has an open living room with large windows, 2 skylights, gas fireplace, large bedroom, and updated kitchen with name brand appliances. The kitchen has an in-unit stackable washer/dryer. There is a bonus room off the kitchen with built in cabinetry perfect for a home office or possible 2nd bedroom. The backyard has a brick patio with privacy fencing. Off street parking pad for 2 cars in the rear. The large dry basement offers plenty of additional storage space. This property is located 2 blocks to Tower Grove, 1 block to the MO Botanical Garden and within walking distance of coffee shops and restaurants.

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Well-maintained 2-family in Pine Lawn

-Well-maintained 2-family in Pine Lawn available now!

-One unit will be rented out shortly and the other will be kept vacant so this property is a great opportunity for an owner-occupant looking to house hack or ideal for an investor as there is a ton of interest to rent the other side out.

-Both units have 2 bedrooms and 1 bathroom with an eat-in kitchen.

-Freshly painted and newer vinyl flooring runs throughout both units.

-The basement is finished for additional living space and split down the middle so each unit has its own side with private laundry hookups.

-4218 has an additional half bathroom in the basement also.

-Off-street parking with a concrete driveway and a very large backyard for entertaining.

-Welcome to your next property!

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4 Unit Investment Opportunity in the Grove

-Four family located in The Grove is located in The Grove close proximity to Forest Park, Barnes Jewish Medical Complex, Washington University School Of Medicine, St. Louis University, Cortex, University Of Health Science And Pharmacy In St. Louis, The Central West End, Botanical Gardens and Tower Grove Park.

-Built in 1922 with over over 3,000 total sq ft the building consists of 4 one bedroom apartments.

-Current rents are $3,675/mo or $44,100 annualized.

-There is the potential to add value and raise rents in the future – these units rented at market rates could yield $60,000 of gross rental income annually based on rent comparables.

-All tenants are month to month.

-The average rent price in The Grove is $1,669 (provided by rent cafe).

-All units have been updated.

-Would be ideal for an investor or owner occupant.

-Can be purchased with nearby 4 family at 4207 Swan or with 5 other total nearby multi families as part of a package.

-Inquire with the listing agent for more information.

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Rehabbed Quadplex in The Grove

-Four family is located in The Grove in close proximity to Forest Park, Barnes Jewish Medical Complex, Washington University School Of Medicine, St. Louis University, Cortex, University Of Health Science And Pharmacy In St. Louis, The Central West End, Botanical Gardens and Tower Grove Park.

-Built in 1922 with total sq footage of over 3,000 building consists of 4 one bedroom apartments.

-Current rents are $3,680/mo or $44,160 annualized.

-There is the potential to add value and raise rents in the future – these units rented at market rates could yield $60,000 of gross rental income annually based on rent comparables.

-All tenants are month to month.

-The average rent price in The Grove is $1,669 (provided by rent cafe).

-All units have been updated.

-Would be ideal for an investor or owner occupant.

-Can be purchased with nearby 4 family at 4215 Swan or with 6 other total nearby multi families as part of a package.

-Inquire with the listing agent for more information.

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Triplex Investment Opportunity in The Grove

Large 3 family is located in The Grove in close proximity to Forest Park, Barnes Jewish Medical Complex, Washington University School Of Medicine, St. Louis University, Cortex, University Of Health Science And Pharmacy In St. Louis, The Central West End, Botanical Gardens and Tower Grove Park. Built in 1889, the building consists of one 3 bedroom unit and two 2 bedroom units for a total of 7 bedrooms. The 3 bedroom is located on the first level and the two bedroom units are upstairs. There is the potential to add value and raise rents in the future – these units rented at market rates could yield $61,392 of gross rental income annually based on average rent price of $1,658 for 2 beds and $1,798 for 3 bedrooms. Units have updated kitchens and baths, central air conditioning, updated plumbing and electric, hardwood floors and updated lighting. There is common laundry room. Would be ideal for an investor or owner-occupant where you could live in one unit. Seller is a licensee in Missouri.

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3-Unit Property in the Grove

-Large 3 family is located in The Grove in close proximity to Forest Park, Barnes Jewish Medical Complex, Washington University School Of Medicine, St. Louis University, Cortex, University Of Health Science And Pharmacy In St. Louis, The Central West End, Botanical Gardens and Tower Grove Park.

-Built in 1927 this building consists of 2 three bedroom units and one 1 bedroom units for a total of 7 bedrooms.

-Current rents are $3,265/mo or $39,180 annualized.

-There is the potential to add value and raise rents in the future – these units rented at market rates could yield $49,200 of gross rental income annually based on rent comparables.

-The average rent price in The Grove is $1,669 (provided by rent cafe).

-All units are month to month.

-All units have been updated.

-Would be ideal for an investor or owner occupant.

-Can be purchased with nearby 3 family 1210 Newstead or with 6 other total nearby multi families as part of a package.

-Inquire with the listing agent for more information.

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18 Unit Complex in the Grove

Rare opportunity to purchase under-rented 10 and 8-unit multi-family buildings next door to each other in the Botanical Heights neighborhood. 18 total units across 3 buildings. 15 of 18 units are occupied, with current rents below market. 11 units have been updated with 1 in process which will be completed prior to closing. There is the potential to add value and raise rents significantly in the future both as-is and with additional updates. Updated apartments are now leasing for $725, this would yield $13,050 of gross rental income a month, $156,600 annually based on all tenants as $725. Rent comps for similar size apartments range from $750-$1,350 depending on amenities and updates. Located in close proximity to Forest Park, Washington University School Of Medicine, St. Louis University, University Of Health Science And Pharmacy In St. Louis, Botanical Gardens and Tower Grove Park. Addresses are 4156 Folsom (10 units) and 4164 Folsom 63110 (8 units). Price Reduced $100,000.