Incredibly rare investment opportunity in Clayton! Multifamily properties hardly ever come available in this area, much less ones that have been completely updated. This four-unit, 4,864 SF building underwent a full gut rehab in 2018, with updates to plumbing, electrical, HVAC, roof, windows, and cosmetic features. This is a perfect opportunity for an owner/occupant or a savvy investor seeking a turnkey property in a prime location, right down the street from SSM St. Mary's Hospital, the DeMun Neighborhood, Schnucks, and many other wonderful neighborhood amenities. The property also has an 8 space parking lot behind the building - another very rare feature! In-place rents are below market for the area - currently: $1,545, $1,545, $1,495, & $1,500. Market rents for the area are approximately $1,975/mo for updated two bedroom units.
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Member of: Berkshire Hathaway HomeServices Select Properties, (314) 835-6000
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Courtesy: Garen F Lafser - Salient Realty Group, LLC
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