Value our opportunity in the DutchTown neighborhood of South St. Louis. Building consist of a total of 11 units, 9 apartment and two spaces that had been commercial units. All of the apartments have been updated, electric systems, many updated windows, updated electric panels, and extensive tuck pointing. All nice size one bedroom units and they rent for $600 per month ($5400 a month!); plus value add opportunity in the two additional storefront units. The two store front front units have had updated electric panels and bathrooms installed, all that's left is getting zoning approval for your future use! 8 of the 9 apartments are rented, one unit has been kept vacant for showings.

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FOR SALE


3901 Meramec
Saint Louis, MO 63116

Price: $525,000
Type: MULTIFAMILY
Ken Wedberg
Partner
Investment / Commercial