+ Property Size: 4,588 SF
+ Built in 1925
+ 100% occupied w/ strong rents: $5,210 gross rent/month
+ Rents have not been raised in 2 years
+ Turn-key property with the ability to push rents through further unit upgrades
+ Four units 1,147 SF each with 1 bedroom with den and 1 bath
– Unit W-2 has in-unit laundry and new upgrades. Great for owner/user
-3 units renovated within the past 2 years
+ Well-maintained 2-story brick building located just off Macklind Ave. in historic South City
+ Each unit features hardwood floors, eat-in kitchen, sunroom and new central A/C, water heater, and room heater 2-3 years old
+ Shared laundry room and personal storage units in basement and fully-fenced yard. New washers and dryers 2-3 years old
+ 2.2 miles from the Loughborough Ave. and I-55 Interchange and 3 miles from the I-44 providing quick access to the St. Louis Metro area
+ 2 miles from Carondelet Park which is home to the Carondelet Park Rec Complex (YMCA) with a fitness center, pool and indoor basketball courts
+ Detached parking garage w/ automatic doors
+ Owner’s storage and workshop in the basement
Basic Details
Property Type : Residential Income
Listing ID : 25056796
Price : $550,000
Year Built : 1925
Status : Active Under Contract
Features
Heating System : Natural Gas, Radiant
Cooling System : Ceiling Fan(s), Wall/Window Unit(s)