Remarks

9.6% Cap rate! Six efficiency units rent easily at market rates, have electric and gas furnished by landlord and perform excellently. Units have been updated in recent years, and are convenient to public transportation, downtown Dutchtown, close to two parks and
much more. Laundry hookups in basement, and lots of room for storage buildout. One unit held open for showings. Financing? We have a lender partner offering low 6% with 25 year amortization and 20% down. Seller is not interested nor will consider offers including seller financing, or creative financing, but welcomes your CASH, or Conventionally backed contracts.

Details

MLS#: 24059134
Price: $410,000

Style: Multi-Family 5+
Sq Ft: 7788.0
Year Built: 1912

County: St Louis City
Subdivision: St Louis Commons Add
Lot Size: irr
Tax Fee: 2543

School Elementary: Meramec Elem.
School Middle: Long Middle Community Ed. Center
School High: Roosevelt High
School District: St. Louis City