Showings start Saturday morning! Fantastic Multi-Family opportunity in Dutchtown! This 4-unit South City investment has excellent rental income at $2575 /mo (figuring vacant unit at $650). Well maintained, all brick building has new roof (2021), vinyl windows, AND a Cap Rate of 9.7%. Many updates over the years, including updated lighting, refinished hardwood floors (2 units), and updated Kitchens and Baths in most units, all while maintaining the historic charm of the original wood floors & millwork. Washers/Shared Dryers and storage in basement. Close to public transportation, parks, restaurants, & entertainment in your favorite neighborhoods- South Grand, Cherokee Street, and Bevo Mill!
Listing courtesy of Keller Williams Realty STL.
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