6316 Bancroft Avenue St Louis, MO 63109

Rare opportunity to purchase a 4-family apartment building in sought after St. Louis Hills. This updated all brick 4-family features 1-bedroom, 1-bath units. Each unit has a large living room, dining room, updated kitchen and 3 season room off of the bedroom. All units have hardwood floors through...out, updated kitchens and bathrooms. In the basement the building has newer forced air furnaces and AC, and PVC main drain stacks. Also, there is for each tenant a private washer and dryer and large storage closet. There is a detached 3 car garage in the rear of the building. The property is just steps from Fransis Park and St. Louis Hill's wonderful restaurants, shops and Ted Drews. This is a great investment with a competitive cap rate. Neighborhood market rents are $1100/mo. See attached Proforma. Don't miss your chance!! Continue reading