Description
Prime investment opportunity in U-City & walking distance to Washington University & the Delmar Loop. This beautifully renovated building features three spacious units (1,510 SF) with great layouts. All units are 3 bedrooms and 2 bathrooms and have in-unit laundry and central HVAC. The building has updated electrical, plumbing, and HVAC systems. A brand new roof was just installed (Feb 2025). There is plenty of rent upside as well as scheduled rent increases in leases. See attached rent roll for rent information. The property is just down the street from Subtext's new student housing development, LOCAL on Delmar, at Leland and Delmar where rents are expected to be at least $1,000 per room. Owner is a licensed real estate agent in MO.
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0BEDS
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0.09ACRES
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0BATHS
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01/2 BATHS
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4,530SQFT
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$176$/SQFT
School Information
Description
Prime investment opportunity in U-City & walking distance to Washington University & the Delmar Loop. This beautifully renovated building features three spacious units (1,510 SF) with great layouts. All units are 3 bedrooms and 2 bathrooms and have in-unit laundry and central HVAC. The building has updated electrical, plumbing, and HVAC systems. A brand new roof was just installed (Feb 2025). There is plenty of rent upside as well as scheduled rent increases in leases. See attached rent roll for rent information. The property is just down the street from Subtext's new student housing development, LOCAL on Delmar, at Leland and Delmar where rents are expected to be at least $1,000 per room. Owner is a licensed real estate agent in MO.
Listing information © 2025 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2025-03-19T14:39:26.387.
Hartmann Realtors Inc.: (618) 344-7900
Listing provided courtesy of Salient Realty Group, LLC: 3743687. Listing information © 2025 Mid America Regional Information Systems, Inc.