4400 Arsenal ST St Louis, MO 63116

Check out this amazing investment opportunity in a prime location of Tower Grove South! This building is being sold as one and features 6 separate condos. Each condo has separate titles and taxes, but the building as a whole is under one water, sewer, and trash bill. Each unit is currently tenant occupied until mid 2026, tenants pay electric and gas. All units have central air, in unit washers and dryers and there are 6 parking spaces in the back. On the west side of the building, there are three spacious two bedroom one bathroom units with a sunroom and living room. On the east side, there are also three spacious one bedroom one bathroom units that each have a bright roomy sunroom, living room and dining room. The kitchens for all units are large with plenty of cabinetry and countertops. The building also has low landscaping maintenance with minimal green space to maintain. Being right next to Tower Grove Park makes this a hot location with most two bedroom one bathroom units easily getting $1,200 plus a month and one bedroom one bathrooms easily getting $1,000 plus a month. Conveniently located near South City's best shops and restaurants, with quick highway access that boosts tenant appeal. Furnaces for 1E and 1W are new in 2024 and 2021. Two hot water heaters are new in 2022. The competitive price reflects the current rent rates for the building and will be a great opportunity for investors who are looking for hot properties! Contact your agent to see two units this Saturday and Sunday (10/11 and 10/12) from 1-3. All other units available to view with an accepted offer.