Some insight needed in this potential rental property

[Awais Sheikh]

Hi Everyone

I was just browsing though some multifamily in St Louis MO. 

Saw this one: 1287 Amherst Pl,Saint Louis, MO63112

12 units for 402K, rent around 700/m each. 

Sounds like a potential deal. But obviously I don't know anything more about that place

Its in the market for almost 2 years.  Seems like many updates were done past few years.

I'm a newbie,  someone wants to give some insight as to why this one is not picked up quickly?

@Brandon Turner ?