4501 Wichita Avenue St Louis, MO 63110

Well-maintained property close to Forest Park, Barnes Hospital, Wash U. Medical School, The Botanical Gardens, Cortex, restaurants, nightlife, and SLU campus. The building features thoughtfully designed updated units featuring modern kitchens with stainless steel appliances, updated bathrooms, hardw...ood floors, and stained glass windows. The HVAC, plumbing, and electric is updated, including exterior service. The interior entry has beautiful marble walls and tile floors. There is a decorative clay tile roof, along with a brick garage and with private fenced backyard. Situated in a rapidly developing neighborhood driving strong rental demand and steady income potential. Rents are $1,095, $1,195, and $1,335. Comparable units in the area lease for $1,500+ per month, providing the ability to raise rents significantly. The average rent for 49 two bed apartments within 1.5 miles is $1,565. The property generates over $3,600 in monthly income from 3 units, ideal for owner-occupants. Continue reading