1930's brick building on a great corner location in the Historic Bevo Neighborhood. 24 all electric units with 100% occupancy. 70% of the tenants have been there over 2 years. Many on year leases but most on month to month. 10 New York style studio apartments, 10 1-bedroom units and 4 2-bedroom units. Monthly income $7940 and tenants already notified of a $20 per month per unit increase coming up in February 2015. Many improvements in the past 2 years including a new roof, 3 stacks replaced, pest control, kitchen updates in many units, increased rents and major cleanup of the building. Large underground parking garage currently being used for storage and office. Updated electrical panels with meter on the outside of the building. See attached Cash on Cash Return spreadsheet. Great cash flow property in South City.
This building is partially occupied and waiting for a motivated investor to bring it up to full capacity! With loads of potential and lots of old world charm this is a must see investment opportunity. Call today to schedule your showing! When fully occupied this building can be a great source of income!
Don't miss out on your chance to own this fully occupied cash flow building priced to sell at a 10 cap! Building has all new electric, new furnaces and a lot of potential to increase rent and capture higher profit. Building has charming original features, including hardwood throughout most units and beautiful architectural features. Seller welcomes all offers.
GREAT opportunity for an owner-occupant, in red-hot Tower Grove Heights! Move right in and let a tenant help with the mortgage! Both units in this spacious two-family are move-in ready - right down to fresh paint! 1st floor is a large, bright 1+ BR, with full living & dining rms, large bedroom and a separate office, all with beautiful, low-maintenance hardwood floors! Previously rented for $765, it could easily bring more today. Upstairs is a two-story, 2+BR home that includes a sunroom and a breezy balcony over the front porch. Both units feature decorative fireplaces and great closets! Basement has extra tall ceilings and great storage or workshop potential. Building has been well cared for; systems are updated and the roof is only 7 yrs old. To top it off, there is a fenced, landscaped backyard and a 2-car garage with new overhead door. Just a short walk to the restaurants & amenities of South Grand, including the soon-to-be-opened Rooster! Showings begin at the Open House Sun. 8/17
This well maintained 6 Unit Apartment is located just 3 blocks from beautiful Tower Grove park in the up and coming Morganford neighborhood. This hip and eclectic neighborhood is home to many new businesses, shops, restaurants, and night life. This property is conveniently located to public transportation, schools, colleges, hospitals, shopping, and dining. This property has been well maintained and features lush landscaping, a new roof (roof redone in June 2014), newer Trane A/C condensers(2012), newer forced air blowers(2012), and sewer lateral repaired(2006). The property is at 100% occupancy with all units leased with average rent of $465/mo. Rents in this neighborhood have been on the rise and the rents for this property should be due for a rent increase. Owner also owns a SF rental house at 6206 Dowler in Pine Lawn, MO that could be included as a package. Please do not disturb tenants. Interior of units will be shown with contract only. AS-IS, owner to make no repairs.
Brick duplex in Holly Hills with 2 car garage. This home has historical architecture intact complimented by regular maintenance. Both units have enclosed rear porches, decorative fireplaces, leaded glass windows, arched doors, and original moldings. Main building has a newer shingle roof, with the beautiful tile roof over the porch area. This property is great for an owner/occupant looking for a historically interesting building in a delightful, close knit neighborhood. Only a couple of blocks from Carondelet Park and close to dining and retail shopping areas. This home is a charmer!
Don't miss your opportunity to own this Brick Four Family in great Holly Hills neighborhood at corner of Coronado and Dover Place. All room sizes are large. New Windows! New Siding on the back Sun Rooms. Nice clean basements. Has two easy access 19x19 detached 2-car garages with new roofs. Well kept units have original wood floors and trim, tile, etc.. New roof, individual forced air heat, storage units and laundry hook-ups for each unit in the basement which is separated down the middle to accommodate 2 per side. Great rental history!
Great investment property, with great income potential! This is a total of TWO buildings. Total of 4 units, 2 currently being rented by great tenants! 10 foot ceilings. All units have great space and have been maintained. Buildings are on the corner of Fairview and South Spring. Newer plumbing, windows. many updates!!!!!! Make your appointment today -
Four-family, 2 bedroom, 1 bath units, approximately 1000 square feet each. Three units rented at $650/$550/$550, one unit vacant. Property located near parks, shopping, restaurants, and public transportation.