The building was fully renovated in 2012, providing modern finishes and amenities while keeping the original, charming historic character . The units are very large with unique floor plans. Units average 1,248 SF which offers much more living space than competing properties. Some units are very desirable two-story units. All units have in-unit laundry as well as central HVAC. Rents have not been raised to market, offering investors solid upside. The building has condo-like finishes and presents a condo conversion as a potential future exit strategy. The property is one block from Tower Grove Park and just down S Grand Blvd from St. Louis University & its medical campus, and SSM Cardinal Glennon Children's Hospital. Tenants can walk to all that South Grand has to offer - many restaurants, shops, and entertainment options. Seller financing is offered to qualified buyers at a 4.95% interest rate for 2 years. Please contact brokers for more information.
Listing courtesy of Salient Realty Group, LLC. Selling Office: Real Broker LLC.
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