4344 McRee Avenue

St. Louis MO 63110

3570 sq. ft.

4621.72 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

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. One lease extends through 2029. Electric panels and plumbing have all been recently replaced within the last 6-8 years. With rents below market value, this building has the potential of an over 8.5% CAP RATE when increased. This 4-family consists of 3 one bedroom units and 1 two bedroom unit. Each unit is approximately 690sf with a spacious living room, kitchen, bathroom & a private in-unit laundry room. 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!

Features

3570 sq. ft. floor area

4621.72 sq. ft. lot size

Multi-Family

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