St. Louis Brick Duplex with Separate Utilities
A classic brick duplex with separate tenant spaces and operating costs structured for straightforward ownership.
This 4-bedroom, 2-bath property offers approximately 2,050 square feet and was built in 1930. The projected monthly rent is $2,050, with estimated monthly operating expenses of $700, producing projected net monthly income of $1,350. Based on the asking price of $169,000, the projected cap rate is 9.6%.
The property is currently tenant occupied, allowing income to begin immediately after closing. Property management is not included, giving the buyer the option to self-manage or select a local management company.
The projected ROI of 11.6% combines the income profile with a conservative market appreciation assumption. Figures are estimates intended for listing presentation and should be independently verified during due diligence.
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ID No
1687 -
Sqft
2000
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