|2,058 Square Feet||1885 Year Built|
What a great opportunity to own a solid 2 family property in Historic Soulard. The location is fantastic, just south of Russell on 11th Street. The units have been updated over time. Some features include ventless gas fireplaces in both units (chimneys have been capped), some interior painting, hardwood floors throughout the rear unit, newer front doors, tuck pointing of the entire South wall and newer siding on the North wall. The rear unit has updated kitchen cabinetry and counter tops. Both units have gas furnaces and AC units from 2010. The rear unit leases for $975 per month. The front unit leases at $975 and was renewed in February 2017. The net cap rate on this property is approximately 7%. Where else can you get such a solid return on your investment? Schedule your appointment today.
|Elementary school: Peabody Elem.|
|Middle school: L'Ouverture Middle|
|High school: Roosevelt High|
|Forced air heat|
|Natural gas heat|
|Off street parking|
|Lot dimension is: 25X125|
Russell to South on 11th to property. It is the second building South of Russell on East side of street.