Fantastic Multi-Family opportunity to take advantage of near Tower Grove South Neighborhood. This 4-unit South City turn-key investment has excellent rental income potential at $2,200 per month plus an additional $300 per month for the spacious 3-car garage. This well maintained all brick 2-story building has great bones, newer roof, & boasts a solid 9 to 10 cap rate at those numbers. Each unit has been updated throughout the years all while maintaining the charm of the historic millwork & stained glass windows. Highlights include newer flooring, ceiling fans, water heaters, a/c w-units, & private decks. There are washer/dryer hookups & storage lockers in the basement. Tenants love its proximity to everywhere St. Louis! Most notably its closeness to public transportation, grocery stores, medical facilities, & beautiful public parks like Tower Grove. Major restaurant & entertainment Districts such as Grand South Grand, Cherokee Street, & the Morganford Strip are about a mile away too!
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