Multi Family In St Louis

Located in the desirable Botanical Heights & rapidly appreciating Forest Park Southeast submarket, this well maintained 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 rents below market value, this building has the potential of an over 8.5% CAP RATE when increased. This 4-family consists of 3 one bedroom units and 1 two bedroom unit. Each unit is approximately 690sf with a spacious living room, kitchen, bathroom & a private in-unit laundry room. The basement offers additional storage space. There is private off-street rear tenant parking for 4 vehicles. 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!