Fully renovated 2 family in the heart of The Grove featuring large 3 bed 2 bath townhome units. Historic renovations included updating with modern kitchens and baths, updated systems including 200amp electric service, new HVAC systems, updated plumbing, lateral replacement, roof replacement, tuckpointing, window replacement, refinishing original hardwood floors, etc. Buildings are 2,936 sq ft with units that are each approximately 1,468 sq ft. Unit 918 is rented month to month for $1,715 a month and 916 is leased through 6/30/22 at $1,645. There is the potential to raise rents- similar size apartments have rented from $1.950-$2,200 nearby recently. Expenses and maintenance costs are low, annual expenses are $5,041. The buildings are tax abated through 2027. There are two almost identical buildings on the block for sale so there is the potential to purchase all 3 buildings which are the only buildings on the block. The other addresses that can be purchased are 920-22, 924-26 Talmage.
Listing courtesy of Invest St. Louis. Selling Office: Invest St. Louis.
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