Studio · 2,480 sq.ft.
Address: 3733 and 3735 Oregon Avenue, St. Louis MO 63118 Asking Price: $333,000 Four-Plex Apartment Complex in South St. Louis City. All four units rented until next spring/summer with automatic rent increases in place. Low-maintenance building with brand new water heaters, new paint, a/c window units (no central air to worry about) and ADA ramp for easy access. Utilities are direct-billed to tenants. Great cash-flow! Unit 1 - $895 Unit 2 - $895 Unit 3 - $895 Unit 4 - $850 NOI is $34k with cap rate of 11%. DSCR Loans are perfect for this property! Ask for lender recommendations! Owner is also a licensed salesperson.
USD 289,000
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Saint Louis, United States
