CALIFORNIA & KEOKUK 12 UNITS – $447,000

STE. GENEVIEVE ESTATES – $200,000
June 9, 2020
1917 PARK AVE – FOR LEASE
June 26, 2020
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CALIFORNIA & KEOKUK 12 UNITS – $447,000

List price of $447,000 ($37,250 per unit)  

  • 2748-50 Keokuk, St. Louis, MO 63118 – 4 Units
  • 2752-54 Keokuk, St. Louis, MO 63118 – 4 Units
  • 3906-08 California, St. Louis, MO 63118 – 4 Units

Contact Timothy McCarthy for more information: c 636.699.5668 e tmccarthy@salientrealtygroup.com.

Excellent investment opportunity to purchase a cash flowing portfolio of three adjoining four family buildings. Seller prefers to sell as a package, but is willing to sell off individually. If sold individually price is $160k per building. The building has minimal operating expenses due to $35,160 of recent Capital Expenditures. 10 of the 12 units have been completely renovated… floors, painting, bathrooms, kitchen appliances and new doors. New roofs replaced on two of the buildings. New A/C for all 12 of the units. Individually metered gas and electric, common water/sewer. There is a potential to raise rents with all of the work that has recently been done. Located in highly desirable Dutchtown. This portfolio presents an incredible opportunity for the new owner to enjoy great cash flow with the tenant base in place. Buyer to verify building square footage.

Tenants are not aware of the sale, please do not disturb them. One vacant unit basement available to show prior to an accepted contract.

Call listing broker to learn more and schedule a tour

MARKETING MATERIAL – CLICK HERE

Contact Timothy McCarthy at 636.699.5668 or tmccarthy@salientrealtygroup.com with any questions.