House for sale

Overview

Agent owned. Outstanding investment opportunity - 11 efficiency units that rent quickly located in a quiet building just across the street from Jefferson Barracks Park. There is off-street parking behind the building as well as plenty of on-street parking around building. Tenants enjoy common area laundry room in building. Rent roll provided - tenants are a mix of inherited and new tenants. Units in building rent for up to $700/month currently. Building has 4 year old roof that comes with a transferable warranty. Bank appraisal completed in February 2023, coming in at $575k with gross income at $10, 000 LESS than current income. Rent roll, expenses, and list of improvements in supplements. Sq foot is approximated estimate by owner and should be verified by buyer. Agent is an owner and this building is self-managed by the owners, so bring your questions and offers and we will get you answers quickly!