7024-28 Pennsylvania – Turn-Key 8-Family

Improved Price! What a gorgeous building! Even better-it’s a wonderful investment property for your rental portfolio. Located in Historic Carondelet, within walking distance to YMCA Rec-Plex, Carondelet Park, Great Rivers Greenway, locally-owned restaurants, public transportation. There are EIGHT units total, FIVE 2/1, TWO 1/1 and ONE huge 3/2 Penthouse-style unit on the upper floor plus 2 large attached garages with electric openers rented for an additional $350/mo. The property was fully renovated approx. 12 years ago with updates to roof, plumbing, electrical, HVAC, kitchen, baths, etc. The building’s original elements were incorporated into renovations, adding uniqueness & charm that tenants love: extra large windows, exposed brick, high ceilings, etc. Due to their condition and amenities (in-unit w/d & all electric service) these units rent easily with low turnover dropping the vacancy rate and lowering expenses.