Property Description

$100,000 price improvement offers a compelling opportunity. Fully occupied, newly renovated 7-unit historic building in the heart of Benton Park. Over $250,000 in recent capital improvements create a truly turnkey investment with strong, stable income. Interior updates feature modern, in-demand layouts with renovated kitchens offering white cabinetry, granite countertops, stainless steel appliances, tiled floors, updated hardware, and contemporary lighting. Each unit includes in-unit laundry with washer/dryer, new flooring, and fresh paint throughout. Updated bathrooms showcase subway-tiled tub/shower surrounds, new vanities, and modern fixtures. Bedrooms offer generous closet space, paneled doors, and abundant natural light.Exterior improvements include tuckpointing, sewer lateral replacement, landscaping, and additional upgrades. Several new HVAC systems and hot water heaters have been installed. All units feature individual HVAC systems and electric panels, reducing operating expenses and simplifying management. Located in a high-demand Benton Park rental corridor, close to restaurants, parks, public transportation, and major highways. An excellent opportunity for investors seeking a low-maintenance, stabilized asset in a prime St. Louis neighborhood. Contact listing agent for financials, to arrange a tour and any additional information needed..

Property Features