4448 Gibson Ave
- Fully Renovated Duplex in The Grove
- Spacious 1 bedroom/1 bathroom units
- $35,400 annual gross rents
- Turnkey, income producing investment
- Updated in 2022 - Roof, HVAC, Water Heaters, Furnaces
- In-uni washer and dryer
- Off-Street Parking
Property Description
4448 Gibson Avenue presents an opportunity to acquire a fully renovated, income-producing duplex in the heart of The Grove. Both spacious 1-bedroom, 1-bathroom units are currently leased at $1,475 per month, generating $35,400 in annual gross rental income. The property has been extensively renovated and has proven to be an easy-to-manage asset with minimal ongoing repairs and maintenance. Each unit features tall ceilings, large windows with abundant natural light, hardwood floors, original pocket doors, quartz countertops, stainless steel appliances, and in-unit washer and dryer. The property also offers private outdoor space, a backyard, and off-street parking. Located in one of St. Louis’ most desirable urban neighborhoods, 4448 Gibson is within walking distance of The Grove’s restaurants, breweries, cafes, and entertainment and just minutes from Cortex, Barnes-Jewish Hospital, Washington University Medical Campus, and Forest Park. With strong in-place rents, quality renovations, and a highly desirable location, 4448 Gibson offers investors a turnkey opportunity with immediate cash flow and limited day-to-day management.
Broker Details
Salient Realty Group 314-451-7145
MLS ID: TMCCARTH State License Number: 2019034093
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $415,000 |
| No. of Units: | 2 |
| Year Built: | 1894 |
| Lot Size: | 0.07 Acres |
| Opportunity Zone: | No |
| Price per unit: | $207,500 |
| Property Website | Click Here |
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