Rare opportunity to own a fully-rehabbed investment property in the sweet spot of the Washington University student rental market. Units in high demand, and typically rent 6-8 months in advance of their availability, a 0% vacancy rate is very achievable in this market. 6-unit building, consists of five 2-bed apartments and one huge 3-bed 2-bath townhouse unit. Almost fully leased through June 2023! Boasting in-unit full-sized washer/dryers, hardwood floors, high ceilings, all units have high-end finishes for premium rents. Renovated bathrooms & kitchens with stainless appliances, dishwashers, stone countertops. Carpeted rooms in lower level of townhouse unit only. Systems in great shape: updated electric and plumbing, central AC & forced air heat, new windows, solid brick masonry. New Roof, new deck, list goes on. Excellent off street parking in back. Offered at 6.8% Cap Rate, buildings of this caliber with this return profile rarely come available. Call today before it's gone!
Listing courtesy of Evan Kuhn, Broker. Selling Office: Zdefault Office .
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified