16 bedroom house for sale

Overview

Are you looking for a great investment property... here it is ! Check out this 8 plex apartment building with a maintenance free brick exterior. Convenient location to Kirkwood Mall, restaurants, businesses, etc. There have been many updates to these apartments. There are 4 balconies with patio door access. All 8 units are rented - the total rents for March 2024 is $6, 220. ( The rental income meets the 1% rule.) There is a professional property management company that handles everything. They will need to give a 24 - 48 hour notice to the tenants before all showings. The parking lot is shared with 3 other apartment buildings. There other 2 buildings at 1011 S 3rd St and 305 E. Bismarck Expressway are also for sale for a total package of $1, 815, 000 for three 8 plex apartments buildings all in a row for a total of 24 units. Buildings #1017 is the 3rd building South of Bismarck Expressway on 3rd St. and across to the East of Famous Dave's restaurant. Coin operated Washers and Dryers on each level... 2 washers, 2 dryers. per building. There is new carpet in the hallways and new paint. Most of the individual apartments have been updated.