4126 McRee Avenue

About this home

Located in the desirable Botanical Heights & rapidly appreciating Forest Park Southeast submarket, this well maintained 100% OCCUPIED quadruplex is a perfect investment opportunity to add to your real estate portfolio and PRICED TO SELL and instant equity. Comps in area for similar 1 bed/1 bath are well over this price point (4133 and 4130 McRee) and new construction homes sprinkled throughout are contributing to the rapidly increasing price points. Electric panels and plumbing have all been recently replaced within the last 6-8 years. With rents below market value, this building has the potential of an over 8.0% CAP RATE when increased. Each unit is approximately 650sf with a spacious living room, kitchen, bathroom, 1 bedroom & a private in-unit laundry area. The basement offers additional storage space. There is private off-street rear tenant parking for 4 vehicles. This unbeatable neighborhood nestled between Shaw & The Grove offers a quick walk to many great restaurants & the Missouri Botanical Gardens. You'll love nearby Tower Grove Park where you can enjoy farmer's markets, food trucks, festivals & amazing green space. Walking distance to WashU Medical Campus. Don't miss the opportunity to own this MUST SEE building!

Property details

County

St Louis City

Subdivision

Shaws Lafayette Ave Add 3

Lot size

0.1263 acres

Garage spaces

0

Days on market

0

Annual taxes

$1,784

Heating

Forced Air, Hot Water

Cooling

Ceiling Fan(s), Central Air, Electric

Basement

8 ft + Pour, Full, Sump Pump

Appliances

Stainless Steel Appliance(s), Dishwasher, Disposal, Free-Standing Electric Oven, Refrigerator, Washer/Dryer Stacked, Water Heater

Style

Low/1-2, Traditional

Schools

School district

St. Louis City

Elementary

Adams Elem.

Middle

Elias Michael Elem.

High

Vashon High

Location