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.
Courtesy of EXP Realty, LLC 866-224-1761
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified