Great opportunity to acquire an income producing property in The Gate district, close to St. Louis University and all of the major developments currently in progress: SSM Hospitals new $550 million project, Prospect Yards, City Foundry STL, The Armory District, Steelcote Lofts, and Element by Westin. Over 2 billion dollars is nearby developments! The property is a large 4 unit building, (2) 2br units and (2) 3br units, with a gross rent potential of $54,000! All units have had updates in kitchens, baths and flooring and have great looking open floor plans. Located in the Gate District, which has been a hot neighborhood with redevelopment in both multifamily and single family homes. Currently 3 units are leased, the 4th unit has been kept vacant for showings. No showings until Tuesday the 26th.
Listing courtesy of Realty Exchange.
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