Property Description

4166 Russell Blvd. Retire early with this gorgeous renovated 6-family apartment building in the coveted Shaw Neighborhood. Fully leased by excellent tenants that pay on time! Great returns with an 8% cap rate and about $100,000 yearly income after fixed expenses. Amazing location near Shaw's Garden, Tower Grove park, BJC Hospital, Washington University, SLU, top rated restaurants, nightlife and much more. Remodeled 2 bedroom 1 bath penthouse-style apartments with 6 rooms and 1200+/- sq ft per unit. Updated with modern finishes and amenities, while keeping the original craftsmanship and charm. Newer high efficiency central HVAC in each unit. Remodeled kitchens, with stainless steel appliances, full size refrigerators, ovens, dishwashers, and more! These units feature large rooms with high ceilings. Most bathrooms are fully renovated w/custom tile flooring, restored original claw foot tubs, updated fixtures and vanities. In-unit laundry in some (2) of the units and shared laundry in basement for the other units. Off-street parking space for each unit with plenty of on street parking for guests. Current rents have room to grow. This is a unique opportunity with good instant returns, plus upside potential for the new owners as more upgrades are added. Fully Occupied - shown by appointment only. Please do not disturb tenants or approach the property without an appointment.

Property Features

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