Wonderful, turnkey, remodeled duplex building near Washington University campus and Forest Park in a sought after pocket for student housing. Spacious, renovated 3BR / 1BA apartments that bring large rents ($2,550 / month). The attractive 4-square style building has a re-built front porch and exterior mansard facade. The units feature remodeled kitchens, bathrooms, and interior finishes. The building also has updated HVAC, electric, newer parking pad, wrought iron fencing, and rear decks. There is a full basement with storage lockers. Fully occupied, with fantastic cash flow. Leases last through May 2026 with high rents and low expenses. Offered at an 8+ Cap Rate. Perfect for an investor or future owner-occupant!
Basic Details
Property Type : Residential Income
Listing ID : 25058903
Price : $565,000
Square Footage : 2,626
Year Built : 1909
Lot Area : 0.10 Acre
Status : Active
Property Sub Type : 2-4 Units
Features
Heating System : Forced Air, Natural Gas
Cooling System : Central Air, Ceiling Fan(s)
Basement : Full
Parking : Off Street, Alley Access
SchoolDistrict : St. Louis City
Taxes Paid : $0
Flooring : Carpet, Laminate
Interior Features : Tub, Ceiling Fan(s)
Laundry Features : In Basement
Architectural Style : Traditional
Appliances
Appliances : Dishwasher, Microwave, Refrigerator, Stainless Steel Appliance(s), Gas Range, Built-In Gas Oven