3735 Virginia AVE St Louis, MO 63118

This fully-renovated, 2-unit property is 100% occupied and cash flowing on day 1! The property has 2 long-term tenants (5+ yrs and 3+ yrs) at rents of $805/mo and $865/mo. With market rents for similar units at $1,039/mo, the property has significant upside potential via near-term rent increases or owner-occupancy. Additional upside potential is available via the lease-up of the on-site two-car garage. Each 2BR/1BA unit is approximately 1,150 sq ft for a total of 2,300 sq ft of living area. Amenities include full kitchens (oven/stovetop, dishwasher, garbage disposal, and refrigerator), central HVAC, ceiling fans, hardwood floors, private decks, washer/dryer hookups, lockable storage closets, garage parking, and a fenced yard. The property was fully renovated in 2015 with new: 200-amp electric panels, PVC stacks and lateral piping, water heaters, HVAC systems, utility meters, gas furnaces (2017), roof (2018), open-concept floor plans, kitchens, bathrooms, windows, and drywall/paint.