For Sale

Listed by Nidhi Soni from The Hermann London Group LLC

Source: Mid America Regional Information Systems, Inc. #26030585

4344 McRee Avenue, St. Louis, MO, 63110

$595,000

3570 sq. ft.
4621.72 sq. ft.

MultiFam

•

30+ days on the market

What's around 4344 McRee Avenue

About this property

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!

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