$1,945,000

Multi Family In University City

  • 5,510 Sqft
  • 11,997 Sqft lot
  • Updated: July 10
  • 3
    Views for last 30 days
  • Source:
    MARIS MLS  MLS#26032628

About the Property

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 inves
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!
  • Property type

    Other

  • Year built

    1925

  • Price/sqft

    $352

Features

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7110 Forsyth Boulevard, University City, Missouri, United States View on Google Maps
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Evan Kuhn, Broker - Saint Louis

Joined 6 months ago
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Evan Kuhn, Broker - Saint Louis
Missouri, United States
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3
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2026
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Evan Kuhn, Broker - Saint Louis
Saint Louis, Missouri, United States
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Last updated
July 10
First listed
May 27
Listing reference
26032628
Listing status
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