Quality four family building located in popular Tower Grove South walking distance to Tower Grove Park, Botanical Gardens, shops/restaurants on Morganford and Grand. Nearly 900sf units all in similar "B" finish. Lower units are shotgun/walkthrough. Exterior condition great; new TPO roof a/o August 2022, all vinyl windows, all capped/enclosed in aluminum. Systems of various ages. Off-street parking in rear for ~4 vehicles. Currently fully occupied w/ rents avg ~$0.75/sf. With proforma/market rents at ~$1.00/sf ($895/unit), the building delivers a near 9% cap rate w/ a 1.42 DSCR at list price with current interest rates. Extensive media (including full video walkthrough of all units, basement, & exterior), 3D scans of two units, and documentation (survey etc) are available in supplements. Please ask your agent to provide them to you (specifically, the brochure which has links).
4157 Potomac Street (MLS #24036505) is a multi-family listing located in St Louis, MO.
This multi-family listing is 3,550 sqft and on a lot of 4,617 sqft (or 0.11 acres) and is 95 years old. This property was listed on 06/08/2024 and has been priced for sale at $349,000.
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Listing information courtesy of: Invest St. Louis
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