Fantastic INVESTMENT POTENTIAL for this Versatile Building * AN ARCHITECTURAL GEM * 10,000 SqFt of 1 to 4 store fronts on the Main Level plus 16 units - over 600 sqft per unit, 4 Room/1 Bedroom each With Its Own Newer Electric & Furnaces on 2nd and 3rd levels * Basement Parking Garage Possible. Can Be Purchased With Adjacent Building 4658 Gravois mls#17005271 * Concrete Floors Between each floor* Nice Tight Brick & Stone * HUGE ELECTRICAL SERVICE * Owner wants it gone * BEST PRICE Since 2002 !!! * 6 apartments rented @ $485.00 , seller has repainted & cleaned up all the units renting for $450 t0 $550 per unit. 4 store front units approx 2275 sqft each . basement has a parking garage, needs a new ramp. 16 units at $450 per month is $7200 per month 0r $ 86,400 per year at $550 per month is $8800 per month or $105,600 per year store front units at $2,000 per month $8,000 or $96,000 per year Gross rent could be $182,400 to $201,600 per year, once up and running could be great cash flow.
Listing courtesy of Powerhaus Realty.
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