7110 Forsyth Blvd, University City, MO 63105

$1,945,000
5,510
SqFt

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List Price
$1,945,000
Price Change
▼ $50,000 1783652299
Days on Site
62
MLS#
26032628
Status
ACTIVE
Living Sq. Ft
5,510
Lot Size
11,996
Acres
0.28
Year Built
1925
Subdivision
Northmoor
Municipality
University City
County
St. Louis
Year Built
1925
Listing Type
Multifamily

Property Description

Offered at a true, in-place 7.43% Cap Rate boasting average rents of $4,000/mo leased through mid-2027, 7106 & 7110 Forsyth Blvd represent a rare & treasured opportunity to acquire two high-end, side-by-side turnkey investment properties located in what many see as the most sought-after block in the Washington University student rental submarket. These 2 duplexes operate as a unified investment with their shared driveway with ample garage parking. The finishes and updates will have it operating at a high level for years to come: 7110 Forsyth underwent an entire near-gut renovation over 2022-2023 – new kitchens, bathrooms, in-unit laundry, electric, plumbing, the works. Easy to rent for high amounts, with low expenses. 7106 Forsyth has excellent updated kitchens with granite counters and stainless appliances, along with gut-renovated bathrooms, updated electrical services & plumbing, and more. Incredible layouts, hardwood floors throughout, high ceilings, tons of natural light, updated windows throughout, huge kitchens, large bedrooms with ample closets – even some with walk-in closets. Nestled on the West side of Campus close to Downtown Clayton, the storied financial district of St. Louis boasting wonderful restaurants & stores, Forsyth is an enviable location. Students jump to find housing here, often leasing a year in advance. Call today, will not last long!

Additional Information

School District
University City
Elementary School
Flynn Park Elem.
Jr. High School
Brittany Woods
Sr. High School
University City Sr. High
Parking Description
Additional Parking, Asphalt, Parking Pad, Shared Driveway
Cooling
Central Air
Heating
Forced Air
Water
Public
Selling Terms
1031 Exchange, Cash, Conventional, Private

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Calculator source: Real Geeks

Listing courtesy of Evan Kuhn, Broker.

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