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The Southern Illinoisan
For Sale For Rent
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bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
4,216
acreage
Acreage
0.1458
open houses
Open Houses
-
year built
year built
1925
full baths
Full Baths
0
half baths
Half Baths
0
Investor Alert! Renovated 4-family building in the desirable Southwest Garden District. Fully Occupied. Cap rate above STL market average. Low maintenance building with great rents and long term tenants. One and a half blocks to the Mo. Botanical Gardens and walk to Tower Grove Park. Units have all extensively been renovated 4 years ago. Updates include: all plumbing, water service from street, washer/dryer hookups in units, new windows. New kitchens and baths in all units. Unit 1E was set up as an owners unit and has ventless fireplace and a bath with separate tub/shower. All units are 2 bedroom, 1 bath with a large living and separate dining rooms with beautiful hardwood flooring. Ideal opportunity to live for free as owner/occupant, or incredible addition to any investment portfolio. These units rent quickly due to the popular location and large floor plans. Current rents: $1235, $1275, $1300, $1375. Low expenses make this a great turnkey investment.
Location
Subdivision Southwest Garden District
County St Louis City
Elementary School Mann Elem.
Middle School Fanning Middle Community Ed.
High School Roosevelt High
open houses Open houses
None scheduled.
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MLS number: 24072902
Listing agent: Michael Knoll #2011033738
Listing broker: Compass (314) 347-1658
Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Wednesday, January 15 2025 at 5:21 a.m. EST
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