Located in the desirable Botanical Heights & rapidly appreciating Forest Park Southeast submarket, this fully rehabbed 100% OCCUPIED quadruplex is a perfect investment opportunity to add to your real estate portfolio. Electric panels and plumbing have all been recently replaced within the last 6-8 years. With 2 rents slightly below market value, this building has the potential of an over 8.5% CAP RATE when increased. Each unit is approximately 900sf with a spacious living room, kitchen, 2 full bathrooms, 2 bedrooms & a private in-unit laundry room. The basement offers additional storage space. There is private off-street rear tenant parking for 4 vehicles. Each unit has its own private balcony off the bedroom to enjoy cool Saint Louis evenings. One lease expires at the end of October so this makes for a great opportunity for an owner occupant or someone getting a VA loan. This unbeatable neighborhood nestled between Shaw & The Grove offers a quick walk to many great restaurants & the Missouri Botanical Gardens. You'll love nearby Tower Grove Park where you can enjoy farmer's markets, food trucks, festivals & amazing green space. Walking distance to WashU Medical Campus. Don't miss the opportunity to own this MUST SEE building!
23 days
|
283
|
22
|
Zillow last checked:
Listing updated:
Listed by:
Nidhi Soni314-276-4154,
The Hermann London Group LLC
Source: MARIS,MLS#: 26048603Originating MLS: St. Louis Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 8
Heating
Forced Air, Natural Gas
Cooling
Ceiling Fan(s), Central Air
Appliances
Included: Dishwasher, Disposal, Free-Standing Electric Range, Refrigerator, Washer/Dryer Stacked, Electric Water Heater
Laundry: Inside, In Unit
Features
Ceiling Fan(s), Granite Counters, Kitchen Island, Stone Counters
Flooring: Carpet, Laminate, Wood
Doors: Panel Door(s)
Windows: Screens, Window Coverings, Wood Frames
Basement: Full,Sump Pump,Unfinished
Has fireplace: No
Interior area
Total structure area: 3,962
Total interior livable area: 3,962 sqft
Finished area above ground: 3,962
Finished area below ground: 0
Property
Parking
Parking features: Concrete, Parking Pad
Features
Levels: Two
Exterior features: Balcony
Fencing: None
Lot
Size: 5,201 Square Feet
Details
Parcel number: 54420002201
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Historic,Low/1-2
Property subtype: Multi Family
Materials
Brick, Stone
Foundation: Stone
Roof: Architectural Shingle,Flat
Condition
Year built: 1916
Utilities & green energy
Electric: Ameren
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected