Looking for an investment property or a new home in the heart of Lafayette square? We have a 4 family just north of the Lafayette park, across from the brand new development, min from SLU, Downtown and the CWE with 4 fresh leases. Walk to tons of hotspots: 1111 Mississippi, Planters house, Vin de set, Polite society and tons more. The building was recently rehabbed: new plumbing, piping, roof (brand new 2021), windows, electric - the list goes on and on. Units are nice 1 bed + 1 bath - approx. 750 + sq ft with updated kitchens and baths, hardwood floors. The units are all leased between 900-1000, that is a close to an in place 9% capitalization rate; There is tons of upside to push rents, add some personal touches to increase equity or sit back and just collect cash flow.
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