Historic Renovated Townhomes In The Grove

Fully renovated 2 family in the heart of The Grove featuring large 3 bed 2 bath townhome units. Historic renovations included updating with modern kitchens and baths, updated systems including 200amp electric service, new HVAC systems, updated plumbing, lateral replacement, roof replacement, tuckpointing, window replacement, refinishing original hardwood floors, etc. Buildings are 2,936 sq ft with units that are each approximately 1,468 sq ft. Unit 918 is rented month to month for $1,715 a month and 916 is leased through 6/30/22 at $1,645. There is the potential to raise rents- similar size apartments have rented from $1.950-$2,200 nearby recently. Expenses and maintenance costs are low, annual expenses are $5,041. The buildings are tax abated through 2027. There are two almost identical buildings on the block for sale so there is the potential to purchase all 3 buildings which are the only buildings on the block. The other addresses that can be purchased are 920-22, 924-26 Talmage.

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Renovated Townhome Units In The Grove

Located in The Grove these 3 bed 2 bath townhomes underwent a historic renovation including updating with modern kitchens and baths, updated systems including 200amp electric service, new HVAC systems, updated plumbing including PVC plumbing stack, lateral replacement, roof replacement, tuckpointing, window replacement, refinishing original hardwood floors, etc. Building has great curb appeal and original fireplaces, in-unit laundry. Property has a two-car garage with a space for each unit. Unit 4307 is leased for $1700 through 12/31/21, unit 4309 is leased for $1775 through 10/31/21. There is the potential to raise rents- similar size apartments have rented from $1,950-$2,200 nearby recently. Expenses and maintenance costs are low, the building is tax abated through 2027 and the total expenses are $6,489 annually. Buildings can be purchased along with 916-18, 920-22, 924-26 Talmage.

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Southwest Garden 4 Family Package

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Northampton Four Family

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St. Louis Hills 4-Family

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39 Units In South County

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24 Unit Complex in St. Clair

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Two 4-Families in Dutchtown

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Two 4-Family Buildings In Tower Grove East

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20 Units In South St. Louis

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