This fully renovated building has 6 attractive units perfect for families and students, close to Delmar Loop, Wash U., highways, hospitals, major employers. Building has been updated with extensive exterior work and interior gut rehab - top to bottom. Each spacious unit features a living room, dining nook, kitchen w/stainless steel app., primary bedroom suite, one additional legal bedroom, and a bonus room w/o window used for extra sleeping area/office (has a cut-out that could be opened to make it a legal bedroom), two full baths, in-unit laundry, walk-in closets, 14-ft ceilings, bay windows. Security system for peace of mind. The unfinished, above-ground basement has space (w/windows) to add 2 more units, plus storage – two potential value add plays. See supplements for the extensive improvements made to the property since 2022; no outdated systems = low maintenance costs! Gross income is 117,000 - 18,175 expenses = 98,825 NOI, a 7% cap at asking price.
