3939 Gravois Ave, St Louis, MO 63116

Description

Fantastic value-add investment opportunity in the highly desirable Tower Grove South neighborhood. This duplex offers immediate income with one occupied unit currently rented at $725 per month on a 12-month lease, while the first-floor unit is vacant and in need of minor repairs prior to being rent ready, with a market rent potential of $725+ per month. The property has already seen several important mechanical updates including newer furnaces, a newer hot water tank, PVC waste stack, and vinyl double-pane windows. With many of the major systems already addressed, this property allows an investor to focus their capital on cosmetic improvements to further enhance value and...