RE/MAX Results Commercial Division
Click Here to See
Our Office Locations

4102 McRee Avenue

St Louis, MO 63110

Property Overview
Price: $675,000
City: St Louis
County: St Louis City
Sale/Lease: Sale
Status: Active
MLS Number: 26025368
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. This property is tax abated until 2029. Big ticket items like electric panels & PVC plumbing have all been recently replaced. All units have been renovated. With 3 rents slightly below market value, this building has the potential of an over 8.5% CAP RATE when increased. Each unit is approximately 710sf with a spacious living room, kitchen, bathroom, 2 bedrooms & a private in-unit laundry. 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!
Location
Featured Agent
Photo of Tim McCraw
Tim McCraw
Advanced Search
State
Sale / Lease
Price
County / Counties
Zip Code(s)
Property Type(s)
Listing Brokered by The Hermann London Group LLC
^