Excellent investment opportunity at 1916 Serbian Drive in St. Louis! This well-maintained 4-unit residential building offers immediate rental income with 3 of the 4 units currently occupied, making it an attractive option for both seasoned investors and those looking to expand their rental portfolio.
All four units are fully furnished and rent for $1,400 per month per unit, providing a strong income-producing opportunity. The sale includes all furnishings and appliances, allowing a new owner to step into an established, turnkey rental property without the additional expense of furnishing the units.
With one unit currently available, a new owner has the potential to increase rental income by leasing the remaining unit, bringing the property to full occupancy.
Property Highlights:
4 residential units
3 units currently occupied
$1,400/month rent per unit
Potential gross rental income of $5,600/month at full occupancy
$67,200 potential annual gross rental income
All units furnished
Appliances included
Furnishings included in the sale
Turnkey investment opportunity
One vacant unit provides immediate upside potential
Whether you're looking for a cash-flowing investment or an opportunity to build your rental portfolio, this property offers established rental income, furnished units, and additional upside through full occupancy. Don't miss this opportunity to own an income-producing multifamily property in St. Louis!