3130 Gasconade ST St Louis, MO 63118

Looking to add a money maker to your real estate portfolio? Act fast, this is a perfect well kept Multifamily Investor Opportunity with low maintenance cost! Cap rate is 9.9% at list price and is sold separately to its sister building next door (4100 S Compton Ave) which could be sold as a package. There are 8 true 1 BR / 1 BA apartments (not shotgun style) approx. 1000 sq ft each. Rents range $550-600; rents are $150-$200 per unit below MV and can be raised at next renewal for each tenant. Street parking. Basement
storage unit and W/D hook up for each unit provided. Individual furnaces. Wood flooring and Ceramic tile in both kitchen & bath. Central air, Electric W/H; Gas furnaces. Poured foundation. Architectural roof with a 25 yr warranty installed 2018. Across the street from Marquette Park. Building is fully occupied except for one unit held vacant for showing. Property has been meticulously maintained. Submit offers on Special Sale Contract. Please do not disturb tenants.