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Fantastic value-add investment opportunity in the highly desirable Tower Grove South neighborhood. This duplex offers immediate income with one occupied unit currently rented at $725 per month on a 12-month lease, while the first-floor unit is vacant and in need of minor repairs prior to being rent ready, with a market rent potential of $725+ per month. The property has already seen several important mechanical updates including newer furnaces, a newer hot water tank, PVC waste stack, and vinyl double-pane windows. With many of the major systems already addressed, this property allows an investor to focus their capital on cosmetic improvements to further enhance value and rental income. This is an excellent opportunity for investors seeking a light value-add property in one of South City’s most desirable rental markets.
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