This 7 Family has two 2 bed 1 bath units and five 1 bed 1 bath units. Updated Vinyl windows, some circuit breaker panels, washer dryer hookups in basement, along with the sewer lateral and parts of the stack being replaced relatively recently. All systems are in place and functional. 2 units have central air. There are 2 parking pads in the rear with space for 5 cars. Current rents of $1700 with POTENTIAL RENTS OF $3400-$4150 once updated and fully occupied. You can have $2600/mo in rents by just filling vacancies and not doing any rehab. Tenants pay for gas, and electric. There is a great value play opportunity on the third floor with 2 storage areas that have several possibilities to add income and livable space: they could be rented out as-is as storage, converted to two studio apartments, or you could make the 1 bedroom units below large 2-3 bedroom townhouse style units. Get GREAT CASH-FLOW now with the possibility to add value down the line and cash-out big upon resale. Brokered And Advertised By: Equity Missouri Advantage Listing Agent: Lyle Perkins
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