Updated over 10 years ago on . Most recent reply
St. Louis Duplex - Fully Rehabbed and 100% Occupied
This duplex is in the 63118 area of St. Louis. It was fully rehabbed 2 years ago with new plumbing, cabinets, fixtures, HVAC, etc. It's currently rented, and has a gross rent of $1300/month. Asking price is $99,000. Operating expenses are $4,640/year. Cap rate sits at a 9.7%. Excellent cash flow. Professional property management in place. This is a turnkey property. No rehab is needed.
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