Located in the desirable Botanical Heights & rapidly appreciating Forest Park Southeast submarket, this well maintained 100% OCCUPIED quadruplex is a perfect investment opportunity to add to your real estate portfolio. This property is tax abated until 2029. Big ticket items like electric panels & PVC plumbing have all been recently replaced. All units have been renovated. With 3 rents slightly below market value, this building has the potential of an over 8.5% CAP RATE when increased. Each unit is approximately 710sf with a spacious living room, kitchen, bathroom, 2 bedrooms & a private in-unit laundry. The basement offers additional storage space. There is private off-street rear tenant parking for 4 vehicles. This unbeatable neighborhood nestled between Shaw & The Grove offers a quick walk to many great restaurants & the Missouri Botanical Gardens. You'll love nearby Tower Grove Park where you can enjoy farmer's markets, food trucks, festivals & amazing green space. Walking distance to WashU Medical Campus. Don't miss the opportunity to own this MUST SEE building!
Listed By
Agency Name: The Hermann London Group LLC
Shown By
Agent Name: Missy Fish
Agent Phone: (314) 956-0022
Agency Title: RedKey Realty Leaders
Estimated Payment
$ 3,901.70 per month $3,677.50 Principal & Interest $27.33 Property Tax $196.88 Homeowner's Insurance
4102 Mcree Avenue | MLS# 26025368
This multi-family property located at 4102 Mcree Avenue , Saint Louis, MO 63110 is currently listed for sale with an asking price of $675,000. Mcree Avenue is located within the St Louis City school district. Search Saint Louis real estate on missyfish.redkeystlouis.com today.