4358-60 Vista – Wholesale Multi-Family In The Grove

-Four family converted to townhouse and two apartments.
-The townhouse is 3 beds and 2 baths, approximately 1,800 sq ft.
-The two apartments are 1 bed 1 bath, approximately 900 sq ft.
-Townhome is vacant, second floor apartment becomes vacant on 4/30/21 and first floor unit is month to month.
-The occupied units have a similar finish and are in similar condition to the vacant townhouse unit.
-There is also a separate partially finished basement with full bath and kitchenette that could potentially be an additional rental unit or Airbnb.
-Building was gut renovated approximately 20 years ago and all of the systems were updated.
-Overlooks City Park in The Grove
-Off-street parking in back
-Adjacent to numerous high-end development projects including “Union At The Grove” (www.union-stl.com)
-Perfect opportunity for owner to occupy the townhouse and use the rental income from the other units to pay the mortgage.
-With cosmetic upgrades potential rent for the townhome is $1,600-$1800 and 1 bedrooms $850-$995 depending on updates and amenities.
-Building sold as-is.
-Double lot with garage structure next door at 4352-54 also available (50×125)