EXCELLENT MULTI-FAMILY INVESTMENT IN BENTON PARK WEST ST. LOUIS
This duplex has two 1 bed / 1 bath units. One unit is rented at $450/mo the other is vacant. All units are rent ready with little to no repairs needed. A/C unit was taken from the yard and will need replacement. The ARV is $85,900 with a purchase price of $37,500 and $15,000 in repairs generously estimated for minor updates (equity is $31,300). Seller splits closing costs.
This rental investment has a cap rate of 20% and cash-on-cash return is 40%.
Call, email or message me for other details and to schedule a showing.
Offering