Description
Looking for an investment property or a new home in the heart of Lafayette square? We have a 4 family just north of the Lafayette park, across from the brand new development, min from SLU, Downtown and the CWE with 4 fresh leases. Walk to tons of hotspots: 1111 Mississippi, Planters house, Vin de set, Polite society and tons more. The building was recently rehabbed: new plumbing, piping, roof (brand new 2021), windows, electric - the list goes on and on. Units are nice 1 bed + 1 bath - approx. 750 + sq ft with updated kitchens and baths, hardwood floors. The units are all leased between 900-1000, that is a close to an in place 9% capitalization rate; There is tons of upside to push rents, add some personal touches to increase equity or sit back and just collect cash flow.
Nearby Schools
Adams Elem.Elementary School
Blewett MiddleMiddle School
Beaumont Cte High SchoolHigh School
Location
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