Check out this beautifully remodeled 4plex in smoking hot area! $100 million+ in infrastructure redevelopment in adjacent area and more coming. Less than 10 min to downtown, Plaza, Westport, and Crossroads. 3 min to new police station, fire station, bank, big name chain grocery store, and large shopping center. Updated spacious units with front and back decks. Unit mix: Three 2/1 units One 3/1 unit Ample off-street parking. Projected 8%+ cap rate (PDF of Pro-forma in supplements). Low maintenance: cosmetics and mechanicals all recently updated. Located in Qualified Opportunity Zone (QOZ). Instant equity: 3 next door 4plex's appraised and sold for $375K-$385K within last 120 days. Potential to purchase additional adjacent turnkey 4-plex's as they come available Fall 2023. All details in pro forma are estimates - Buyer's agent to verify. Owner/Agent: Listing agent is owner of LLC which owns the property. Act quick, this one won't last long-the last 4 on this block from this owner have gone under contract first couple of weeks on market.
Some words will not translate correctly. By using this feature, you accept this risk and agree to release Berkshire Hathaway HomeServices and its franchisees from any claims or damages resulting from incorrect translation.
Berkshire Hathaway HomeServices does not endorse any of the products or vendors, referenced on this material.
Any mention of vendors, products, or services is for informational purposes only.
Member of: Berkshire Hathaway HomeServices Select Properties, (314) 835-6000
Our website uses cookies, including third parties’ profiling cookies, to improve your user experience. You can learn more about how we use cookies and how to change your
cookies settings in our Privacy Policy. By closing this message, clicking above or continuing to use this site, you consent to our use of cookies.
Arrows indicate 90 day trend
