2146-48 Victor Street

Highlights:

• Renovated Building in 2024
• In-Unit Laundry, Updated Plumbing & Electrical
• Strong In Place Rents w/ Further Upside
• Great, Diverse Unit Mix
• Perfect for Investors or Owner Occupants (House Hack)

Description:

This wonderfully updated four-family building is located in the historic Benton Park neighborhood of St. Louis, Missouri. The property was renovated in 2024 and offers a blend of timeless architecture and modern finishes, making it an ideal choice for investors looking to capitalize on the vibrant South City St. Louis rental market. The property has a wonderful unit mix consisting of 2, 2 bd / 1 ba units, 1, 3 bd / 1.5 ba unit , & 1, 3 bd / 2.5 ba unit. Each unit is well designed and has modern finishes while preserving the building's historical character. All units have In-unit laundry. Plumbing and electric have also been updated in the building. The property has off street parking in the rear.

Current rents are $995 (2 bd / 1 ba), $1,175 (2 bd / 1 ba), $1,795 (3 bd / 2.5 ba), & $1,495 (3 bd /1.5 ba). There is plenty of room to raise rents high for investors to increase their returns. This property is perfect for investors or owner occupants (house hacking).

The property is situated in Benton Park, known for its close-knit community, eclectic dining options, and cultural attractions. Residents enjoy easy access to the city's best eateries along Cherokee Street, local arts venues, and green spaces like Benton Park itself.

Just minutes from downtown St. Louis, the building benefits from excellent connectivity to major employment centers, universities like Washington University, Saint Louis University, Harris-Stowe State University, Barnes Jewish Hospital, Wells Fargo, and many others.

With St. Louis's strong job market in healthcare, education, and technology, this property stands as a promising investment with potential for steady rental income and appreciation.

Why Invest Here?

- Cultural Richness: St. Louis’s cultural heritage adds value, attracting a diverse tenant pool interested in living in a city with history, arts, and sports.

- Affordability: St. Louis is known for its cost-effective living, which can lead to higher rental yields compared to other major cities.

-Community: Benton Park’s community-oriented environment supports tenant retention and community engagement, essential for long-term rental stability.

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