Description

Excellent opportunity to acquire a well-located mixed-use parcel consisting of five multifamily units and one commercial space, offering strong in-place income with additional upside potential through operational efficiencies and interior upgrades. The property at 1540-1548 S. Missouri Avenue includes (2) 1-bedroom/1-bathroom units, (1) studio unit, and (1) commercial space, while 1172 Howard Street consists of (2) 2-bedroom/1-bathroom units, both of which feature new kitchens, bathrooms, and windows. Both buildings feature block construction, separate water and electric meters, and have new roofs installed within the past year, minimizing near-term capital expenditures.