4125 Chouteau Ave
Saint Louis, MO 63110

Located across the street from the new Chroma apartments, within walking distance to the Cortex, Wash U School Of Medicine, Barnes Hospital and all of the restaurants on Manchester. This architecturally significant building built in 1895 has 3 bed 2 full bath units. The building underwent a full renovation including updated kitchens with lots of cabinet space and updated bathrooms, in unit laundry, central air with HVAC replacement, updated PVC plumbing, updated electric, and 2nd floor laundry. Fenced backyard with 4 spots of off street parking. One unit is currently rented for $1,315 a month and one unit is vacant with projected rent at $1,600. This building would be ideal for an owner occupant or investor. Fully rented this building could gross $2,915 a month and $34,980 annually with expenses at $5,112 with a potential annual net income of $29,868. Similar size 3 bed 2 bath unit across the street rents for $3,000 a month. Can be purchased with 925 Sarah. Paying buyers agents 2.5% $2,500 selling agent bonus if there is an accepted contract by December 31st, 2018.