Stunning 8 unit building built in 1928 with decorative clay tile roof, intricate brick and stone work with great curb appeal. Building is currently fully leased and grosses $6,810 a month, $81,720 annually, expenses at $18,198 with a net income of $63,521. The building has 6 one bedroom units and 2 two bedroom units. Building was recently completely renovated including new soft close cabinets, white quartz counter tops in all kitchens, 4 piece stainless steel appliances. New exterior and interior doors, renovated bathrooms, modern ceiling fans, Ikea lighting. Custom-cut wood blinds, New shelving in all closets. Refinished hardwood floors, custom built storage space for tenants in basement. New PEX water and waste lines. New 2 " copper main water service, exterior meter bases. All new 200 amp service panels, new light fixtures, new vinyl insulated windows. Rehab included insulated TPO roof, new gutters and down spouts. Two new decks were installed. Professionally landscaped.
Listing courtesy of Invest St. Louis.
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