757 Syracuse Ave
$1,500,000
757 Syracuse Avenue, University City, MO 63130
8.15
Cap Rate
122,220.43
NOI
Details:
Highlights:
- Beautiful, Renovated 8-Unit Building
- In-Unit Laundry and Central HVAC in all Units
- Fully Updated Systems - Electrical, Plumbing, Central HVAC
- Near Wash U, Delmar Loop, Clayton, Forest Park, etc
- Rent Upside & Scheduled Rent Increases in Leases
- Off Street Parking
Description:
Flagship building in U-City & walking distance to Washington University & the Delmar Loop and local grocery stores and restaurants. This beautifully renovated building features six spacious units (1,200 SF) with large sun-lit rooms featuring open updated kitchens with granite countertops and stainless appliances. The property offers a great unit mix with five 3bd/2bth units & one 2bd/2bth, which can easily be converted into a 3 bedroom unit. All units have in-unit laundry and central HVAC. The building also has updated electrical, plumbing, and HVAC systems. Two bathrooms have been fully renovated with tile floors, tile shower and newer vanities. There is plenty of rent upside on these units, as well as scheduled rent increases in leases. Please see the rent roll for rental information. The property is just down the street from Subtext's new student housing development, LOCAL on Delmar, at Leland and Delmar where rents are expected to be at least $1,000 per room.
U City
Documents:
| Title | ||
|---|---|---|
| SRG___757_Syracuse___For_Sale.pdf |
Location
Gallery
