We are pleased to present this opportunity to own a fully updated, 6-family in the heart of Tower Grove East. The property consists of 6, 2 bed/1 bath units with off-street parking and a fenced in backyard. Units have been completely updated throughout with high end finishes, new kitchens with new stainless steel appliances, in unit washer/dryer and central heating and cooling. Plumbing and electric have also been updated. Rents are below market with a proven concept of achieving $1,395/mo.
Freshly renovated building completed in 2022
Updated electric/plumbing/HVAC
Proven concept to bump rents to $1,395
Walkable to South Grand business district & Tower Grove Park
Off-street parking
All sizable 2 bed/1 bath units w/ in unit laundry
Great Opportunity for Short Term Rentals w/ Proximity to SLU Medical
Basic Details
Property Type : Residential Income
Listing ID : 25050598
Price : $895,000
Square Footage : 6,600
Year Built : 1907
Lot Area : 0.19 Acre
Status : Active
Property Sub Type : 5 Family or More
Roof : Rubber
Features
Heating System : Natural Gas
Cooling System : Central Air
Basement : Concrete
Parking : Asphalt
SchoolDistrict : St. Louis City
Taxes Paid : $0
Exterior Features : Balcony
Flooring : Hardwood
Laundry Features : In Kitchen
Utilities : Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected