Location, location. Invest in Yourself / Owner Occupy. Current cap rate nearly 8% with rents below market. Smart investment with lots of room to increase income. Rare opportunity to own a historic, beautifully updated 4 family on the Park. Location is everything when investing in Real Estate. Tower Grove Heights (TGS) neighborhood with Tower Grove Park across the street is one of the best most sought after. Farmers market, sports courts, festivals, tennis, splash pad to name a few activities. Moments from SLU and BJC hospitals and Wash U Med (fully occupied now but if you need tenants!!) Privately owned and beautifully maintained since 2001. Each apartment is nearly 1200 sq.ft with both 1 and 2 bed units / 1 bath. Large lot with 2 car garage, pergola, fenced yard. Want to live in one and collect rent? We can make that happen. Invest in yourself. This beauty with historic details and impressive updates can be yours. Individual systems including forced heat and central AC with low owner costs. This is a building to own for years to come. Some features: kitchens with granite, stainless, fireplaces, pocket doors, stained glass, so much to see.
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