4126 McRee Avenue
Property Description
Located in the desirable Botanical Heights & rapidly appreciating Forest Park Southeast submarket, this well maintained 100% OCCUPIED quadruplex is a perfect investment opportunity to add to your real estate portfolio and PRICED TO SELL and instant equity. Comps in area for similar 1 bed/1 bath are well over this price point (4133 and 4130 McRee) and new construction homes sprinkled throughout are contributing to the rapidly increasing price points. Electric panels and plumbing have all been recently replaced within the last 6-8 years. With rents below market value, this building has the potential of an over 8.0% CAP RATE when increased. Each unit is approximately 650sf with a spacious living room, kitchen, bathroom, 1 bedroom & a private in-unit laundry area. The basement offers additional storage space. There is private off-street rear tenant parking for 4 vehicles. This unbeatable neighborhood nestled between Shaw & The Grove offers a quick walk to many great restaurants & the Missouri Botanical Gardens. You'll love nearby Tower Grove Park where you can enjoy farmer's markets, food trucks, festivals & amazing green space. Walking distance to WashU Medical Campus. Don't miss the opportunity to own this MUST SEE building!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $565,000 |
| No. of Units: | 4 |
| Year Built: | 1922 |
| Lot Size: | 3,570.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $141,250 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 4 |
ID: 3yd-MARISMO-26059676
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