Beautiful 1890's 4-Family Apartment Building In Benton Park West! Excellent Positive Cash Flow For Serious Investors - Don't Miss This Opportunity. Net Income = $21,892/Yr. Start Earning Instantly At Closing With A 9.7% Cap Rate. Great Tenants Are Friendly And Reliable. Easy To Rent These Affordable & Large 1 Bed 1 Bath Units (Approx. 850 Sq Ft Each). 2 Units Have An Optional Walk-Thru 2nd Bedroom/Office/Etc. Great Location Close To Benton Park (5 Blocks) & Tower Grove Park (7 Blocks). Solid Brick Construction, Private Entrances, Forced Air Heating, Updated Electrical Service (Inside And Out) Hardwood Flooring. Bonus Unfinished 3rd floor Could Be Used As Extra Storage Or Turned Into Additional Living Space For The Upper 2 Units, If Desired. See Agent Supplements Attached To Listing For Rental Verification And Other Seller Info Documents. Fully Leased & Occupied - Listing Agent Shall Accompany All Showings. Please Do Not Approach The Property Or Building Without An Appointment.
Listing courtesy of Realty Exchange.
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