Formerly a 4-family, this property has been renovated to feature two 1-bed units and one townhome-style 3-bed unit. The latter spans two floors with living room, dining room, 3 bedrooms, 1.5 baths, in-unit laundry, and a large eat-in kitchen with double door refrigerator, built-in microwave, dishwasher, and disposal. Hardwood floors… Read More throughout except for LVP on 2F of townhouse. All kitchens and baths have tile flooring. 2F 1-bed is private; 1F 1-bed is shotgun. Newer windows, central air with newer HVAC systems (one new in 2/21, newer water heaters, updated electric, and large yard with privacy fence. Two new refrigerators and one new microwave. It’s close to major highways and all the fun city life activities. Fully occupied; units can be shown with an accepted offer. Rentometer indicates average of $1454 for townhome, and an average of $755 for the 1/1 units. With rents at $725, $650, and $1395 the gross annual income is $33,240 less annual operating expenses of $10,232, the NOI is $23.008, making this an 9.79% cap rate at asking price. Read Less
Listing courtesy of Worth Clark Realty, 314-222-0065.
Above Grade Finished Area: 4066 Sq.Ft., Above Grade Finished Area Source: Public Records, Architectural Style: "Apartment Style", Below Grade Finished Area: 0 Sq.Ft., Below Grade Finished Area Source: Public Records, Construction Materials: "Brick", Levels: "Two", Living Area: 4066 Sq. Ft., Number Of Units Total: 3, Year Built: 1908
Community
Neighborhood: Benton Park West, Number Of Units In Community: 3
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