Explore this value-add property near Tower Grove Park. Here’s why this building is a standout opportunity:
- Ideal Location: Located near Tower Grove Park, this property boasts a prime location in South City, offering a strong rental demand.
- Renovation Progress: Two of the three vacant units have been in the process of updating since 2022, including updated HVAC systems.
- Rental Income: Presently, one unit is tenant-occupied, generating $465 per month. The remaining three units are vacant, offering the potential for increased rental income. With further updates and improvements, there’s the potential to annualize $34,800 in rental income, maximizing your return on investment.
- Package Deal Opportunity: This property can be purchased individually or as part of a larger portfolio of other four-family properties in South City. Inquire for additional information on portfolio options.
- Sold As-Is: The property will be sold as-is, allowing you to make renovation decisions that align with your investment strategy.