Property Description

Located in the desirable Botanical Heights & rapidly appreciating Forest Park Southeast submarket, this fully rehabbed 100% OCCUPIED quadruplex is a perfect investment opportunity to add to your real estate portfolio. Electric panels and plumbing have all been recently replaced within the last 6-8 years. With 2 rents slightly below market value, this building has the potential of an over 8.5% CAP RATE when increased. Each unit is approximately 900sf with a spacious living room, kitchen, 2 full bathrooms, 2 bedrooms & a private in-unit laundry room. The basement offers additional storage space. There is private off-street rear tenant parking for 4 vehicles. Each unit has its own private balcony off the bedroom to enjoy cool Saint Louis evenings. One lease expires at the end of October so this makes for a great opportunity for an owner occupant or someone getting a VA loan. This unbeatable neighborhood nestled between Shaw & The Grove offers a quick walk to many great restaurants & the Missouri Botanical Gardens. You'll love nearby Tower Grove Park where you can enjoy farmer's markets, food trucks, festivals & amazing green space. Walking distance to WashU Medical Campus. Don't miss the opportunity to own this MUST SEE building!

Property Features

Local Schools