This solidly built four family has been in the same family since the 1950's. Built like a tank, it's habitable as it sits but with a little love & thoughtful updates, could be polished into a real gem. Walking distance from yoga, kickball & farmers markets in Tower Grove Park, apartments in this area always rent like hotcakes. The building has historically been occupied by family members (one currently remaining at the moment, lease is up 7/31) so we don't have much of a rent roll but once spruced up, ARV should be in the $600k-$700k range, depending on finishes-- & rents in the $1300-ish/month vicinity so you'll be sitting on some good equity AND be the proud new owner of an easy-to-own investment property. Each apartment has a good-sized living & dining room, kitchen with attached dining area, bath, one good-sized private bedroom & one smaller private bedroom + central air. New TPO roof. At 4182 square feet, this is one of the larger buildings in the area. Solid building; good bones!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
