Nubricks.com
Property Sales - 41700464 - House in USA, Missouri, Saint Louis County, Jennings
This fantastic large two apartment multi family home is located in Hamilton Heights and is less than 3miles from Washington University St Louis.The property is divided into two large two bedroom duplex apartments sitting side by side. Bothapartments have just been refurbished and made rental ready to a Section 8 standard. The house has2 Section 8 tenants pending to move in shortly each paying $800 – $850 in rent each month.The property is located in Hamilton Heights which is only 7 miles from Downtown Saint Louis. TheHamilton Heights neighbourhood in St. Louis is undergoing a much needed transformation as part of anew Blight Elimination project.. Hamilton Heights sits right next door to West End where similarprojects have now rejuvenated the area with luxury properties now in abundance. This is a good areafor speculated capital appreciation especially for large brick built multi family homes which are inshort supply for Section 8 housing.
Return of investment
28%
Break even in
3.57 Years.
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£63,607
Global Investments Incorporated
Date added: 21 Aug 2024
£59,361
Date added: 04 Jul 2023