6609 Clayton Road Clayton, MO 63117

Incredibly rare investment opportunity in Clayton! Multifamily properties hardly ever come available in this area, much less ones that have been completely updated. This four-unit, 4,864 SF building underwent a full gut rehab in 2018, with updates to plumbing, electrical, HVAC, roof, windows, and c...osmetic features. This is a perfect opportunity for an owner/occupant or a savvy investor seeking a turnkey property in a prime location, right down the street from SSM St. Mary's Hospital, the DeMun Neighborhood, Schnucks, and many other wonderful neighborhood amenities. The property also has an 8 space parking lot behind the building - another very rare feature! In-place rents are below market for the area - currently: $1,580, $1,495, $1,500, & $1,595. Market rents for the area are approximately $1,975/mo for updated two bedroom units. Continue reading