I have uploaded roof photos in the supplements received on 9/21 at 12:30 PM. This 2-family flat is in a prime location, just off Tower Grove Park & offers access to the neighborhood's green spaces, recreation & amenities. Proximity to the MOBO, restaurants, shops & universities Wash U. & SLU... could attract students, faculty, and staff seeking convenient housing options. The two 3-bedroom, 1-bath units will likely draw tenants seeking comfortable living spaces in a desirable location: historical character, pocket doors, wood floors, original woodwork, and off-street parking. The property is positioned as a great investment opportunity. The favorable cap rate indicates a potentially strong return on investment with gross rents of ~$31,200 per year! The property is being sold in "as is" condition. While this might mean potential maintenance or renovation needs, it could also provide an opportunity for investors to add value through improvements.
Listing Courtesy of RE/MAX Results - [email protected]