St. Louis(Metro East) 4plex for sale-- $130k. Gross Income $2050

[DJ Cummins]

Hello everyone,

We are dropping the sales price on our 4-plex to $130,000.00.  Gross rents(including $100 in monthly laundry income) is roughly $2,050.  Market rent should be $500 per unit, so an additional $75.00 in monthly gross income could be added with 2 apartments getting rent increases.  Cap ex is low with window AC and wall/baseboard heat.  Roof and all new windows approximately 10 years old.  All units are rented with tenants who would like to stay.  Good property, we are just dissolving a partnership.  Please feel free to reach out to me with any questions!

Thanks,
DJ Cummins