This spacious South St. Louis duplex truly is a turn-key investment. With excellent 2-bed, 1 bath layouts in solid condition, these units are easy to rent and stay rented. Cosmetically, the units are in very good shape, with next to no work needed at tenant turn-over. Regarding the rents, 1st floor unit is $515 (lease through 5/31/14) & the upstairs unit is currently listed for rent at $650/mo. Lower unit is renting for lower than market rate & could be raised to $550/unit or more. Units are currently cooled with Window AC units but newer furnaces, a coils, and duct work are in place which will make adding central air easy & affordable. Upper unit was recently updated with new carpet and laminate floors in kitchen and bath. Due to partial occupancy, lower unit can only be shown with an offer (can be contingent upon viewing). Check out the pictures & get ready to submit your contract... the cash flow & return on investment with this duplex can't be beat! Owner is a licensed. Brokered And Advertised By: St. Louis Real Estate Society Listing Agent: Riahna Kastner
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.
