3464 Watson

St Louis, MO 63139

This updated all brick 4-family features 1-bedroom, 1-bath units. Each unit has a large living room, dining room, kitchen and 3 season room off of the bedroom. All units have hardwood floors throughout, nice kitchens and bathrooms. The building has newer forced air heat and central A/C. The basement features private washer dryer hook ups and tenant storage space. There is a parking pad in the rear of the building with 4-spaces. Updated electric and main drain stacks in the basement. Just steps from great restaurants, Ted Drews, Lindenwood Park and Hampton/Chippewa shopping center. This is a great investment with a competitive cap rate. Don't miss your chance! Long term tenants at lower rent, neighborhood market rents at $995/mo. Gross operating rent and net income calculated off of market rents with 8.02% cap rate. See attached Proforma.

Listing courtesy of Berkshire Hathaway Advantage


Based on information submitted to the MLS GRID as of 2024-10-30 12:00 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.