Great investment opportunity in STL Apartment Complex! 24 units - 2 Buildings located in the Dutchtown Area positioned in the line of progress. This investment is just minutes away from the extensive building and upgrading of the Tower Grove South Area. All units have 1, 1+ and 2 BR's, bath, plus distinct living and kitchen areas. All units include stoves, refrigerators and A/C units. Public water & sewer, electric, gas, central air with many updates. New plumbing and up graded electric. Investors, apply the 1% rule here and this is a bargain! Gross monthly rents, $12,600. The Dutchtown South Area that feels more like a small village, it dates back to the 19th century. It is home to Anheuser-Busch, established in 1852. It is the location of the third Ted Drewes Frozen Custard location, in Dutchtown, 1931. Dutchtown is located between Chippewa Street and Walsh Street, with I-55 and the Mississippi River on its east side. Complex is five miles from Downtown St. Louis.
Listing courtesy of Empire Real Estate Services LLC.
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