Wow -- Extremely Rare opportunity to invest a huge multi-unit apartment building located right in the heart of the coveted Washington University Student Market -- perhaps the best rental market in all St. Louis This massive three-story, 8-unit property boasts four proper 1-bedroom units on the 1st floor, and four huge 3-bedroom on the remaining floors -- great diversification! Hardwood floors throughout, many renovated high end kitchens and baths. Large wood deck in great shape off the back overlooking ample off street parking. West 3-bedrooms have 2nd Bathrooms in-unit, 2nd floor units have access to front balcony New $30,000 roof replaced in 2018, central AC and Heat, most of the plumbing updated, this property is set to be an easy-to-rent, easy-to-maintain property for. Large updated laundry area with great storage lockers in basement. Huge front foyer. Offered at a true 7.53% Cap Rate Return – this one of a kind investment is not to be missed!
Listing courtesy of Evan Kuhn, Broker.
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