Updated 24 unit apartment complex located in Shaw across the street from Tower Grove Park and walking distance to the Botanical Gardens. This meticulously maintained turn key building has 8 two beds that are 800 sq ft, 4 large one beds that are 800 sq ft and 12 one beds that are 700 sq ft. Building features updated kitchens with newer cabinets and breakfast bar, stainless steel appliances, bathrooms have been updated, there are hardwood floors, on site laundry, off street parking, storage lockers for the tenants, central air and forced air heat. The gross income for the building after 5% vacancy is $222,220 with expenses of $57,164 for a net income of $165,056. Buildings like this rarely become available for sale.
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