Address: 3733 and 3735 Oregon Avenue, St. Louis MO 63118
Asking Price: $333,000
Four-Plex Apartment Complex in South St. Louis City. All four units rented until next spring/summer with automatic rent increases in place. Low-maintenance building with brand new water heaters, new paint, a/c window units (no central air to worry about) and ADA ramp for easy access.
Utilities are direct-billed to tenants. Great cash-flow!
Unit 1 - $895
Unit 2 - $895
Unit 3 - $895
Unit 4 - $850
NOI is $34k with cap rate of 11%.
DSCR Loans are perfect for this property! Ask for lender recommendations!
Owner is also a licensed salesperson.
