BACK ON DUE TO BUYER FINANCING - UPDATE new top rent is at $1075 - Looking for an investment property or a new home in the heart of Tower grove south? We have a large 4 family just south of the park, botanical gardens, & Slu. Walk to tons of hotspots: King & I, Rooster, Pho Grand and Starbucks just to name a few. The building was gut rehabbed: new plumbing, piping, roof (brand new 2021), windows, electric - the list goes on and on. Units are nice 2 bed + 1 bath - approx. 1000 + sq ft with basic kitchens and baths, spacious floor plans and hardwood floors. There is tons of upside to push rents, add some personal touches to increase equity or sit back and just collect cash flow. Get in north of an 8 + cap rate.
Listing courtesy of St. Louis Apartment Experts, LLC.
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