A large duplex in one of St. Louis’ hottest neighborhoods and with a stone facade to boot? Yes, please. The building does need some work, but would be a great option for continued rental investment or conversion to a single-family home. The curb appeal of these stone fronts can’t be matched. Both units are currently occupied. This one’s a keeper.
Rents are current low for the area and unit size. First floor is at $700 with lease ending 3/31/17 and second floor at $775 with lease ending 6/30/17. With upgrades, rent could be much higher. Building would also make a good single-family conversion.