This property is located in a neighborhood undergoing a transformation, with many new single family homes being built nearby. There are also many buildings currently undergoing complete renovation along with new businesses and restaurants opening in the neighborhood. Located within walking distance to the Botanical Gardens and Tower Grove Park. Property would make a great investment or is ideal for an owner occupant.
Originally a 4 family that was converted to a 3 family with 2 units on the top floor being converted to one large 3 bedroom 2 bath unit. This fully rented building features hardwood floors, updated vinyl windows, updated kitchen and baths with ceramic tile, and window AC units. The plumbing and electric have been updated and there is a fenced back yard and off street parking.
Annual Expenses and Income:
2nd Fl: $850/mo (month to month)
Gross Monthly: $1,765.00
Gross Annual: $21,180.00
Net Income: $17,571.76
Paying Buyer’s Agents 2.7%
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