Property Features: Well-maintained property with significant rental upside and steady income potential. Updated kitchens and bathrooms, electrical, and plumbing, beautiful hardwood floors, stained glass windows. Fenced backyard with brick garage and secure parking. Recently updated central HVAC systems.
Prime Location in The Grove: A rare and desirable opportunity in one of St. Louis’ most dynamic neighborhoods. Close to Forest Park, Barnes Hospital, Wash U. Medical School, The Botanical Gardens, The Cortex, restaurants, nightlife, major hospitals, and SLU campus.
Rental Income Potential: Current rental rates: $1,095, $1,195, and $1,295 per month. Comparable units in the area lease for $1,400+ per month, leaving room for rental growth. 3 of the 4 generate over $3,500 in monthly income, an ideal for owner-occupants looking to house-hack.
Tenant Appeal: Thoughtfully designed 2-bedroom, 1-bathroom layouts with modern finishes. Low tenant turnover, thanks to the property’s charm and excellent location. A private backyard provides space for tenants to congregate and have an enclosed place for a pet.