Property Description

Great opportunity to own an updated brick duplex in Gravois Park priced well below its recent $220,000 appraisal. Whether you're an investor seeking immediate cash flow or an owner-occupant looking to offset your mortgage, this property offers an excellent opportunity.The downstairs unit is currently leased for $1,070/month, providing immediate rental income from day one, while the upstairs unit is vacant, allowing the next owner to move in or lease it at current market rents. With both units rented, the property offers strong long-term income potential.Major capital improvements were completed approximately 18 months ago, including new HVAC systems (furnaces and central A/C) for both units and a newer water heater. Interior updates include LVP flooring, updated kitchens with new cabinetry, countertops, backsplash, stainless steel appliances, updated bathrooms with tile finishes, and modern fixtures throughout.Additional features include rear off-street parking, durable low-maintenance brick construction, and a convenient South City location close to shopping, restaurants, parks, public transportation, and everyday amenities.With significant mechanical updates already completed, immediate rental income already in place, and pricing below appraised value, this is an outstanding opportunity for an investor or owner-occupant looking to build equity while generating cash flow.

Property Features

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