4055 Botanical Avenue

Shaw, St. Louis, Missouri 63110

Under Contract
| For Sale | $199,999 | Multi-Family 2-4

You don’t find 2-families like this very often. Especially in the Shaw Neighborhood and just one block from Tower Grove Park to boot. This duplex was once a 3,400 sq ft 4-family, but has been converted to two “townhome” style units with 2 beds, 1.5 baths with 1,700 spacious sq ft per unit. The units could be updated for higher level of finish and higher rents, but a bulk of the work is already done. Whether you are looking to live in the building, rent it out, or finish the townhome conversion, there are no bad options on this great building. One unit available for showings, the other only with an accepted contract.

Investment Remarks

The 4055 unit is currently rented for $935 a month and 4075 was last rented at $950. These numbers are used for the basis of the "Current Financials" calculations. The increased rents of $1,100 per unit are based off the assumption that modest improvements are made.


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