5920 Mcpherson, St Louis
MLS® # 24022887
"The Saxon": Rare opportunity to own a pristine turnkey triplex mere blocks from bustling Washington University. All units renovated in 2021, this easy-to-manage property will be a cash flow machine for years to come.
2 of the 3 units already leased through June 2025, rents keep skyrocketing year-over-year next to Wash U. This 3-story building boasts very large 3-bed 1-bath units with hardwood floors throughout, newly installed laundry IN-UNIT! High ceilings, tons of natural lighting, fantastic open layout combining kitchen & living room area -- people love it! Updated kitchens with stone countertops and stainless steel appliances. 3rd Flr has a balcony in front with fabulous views, whereas the other units have an additional sunroom.
Fenced-in backyard, off street parking in rear with updated parking pad, Silicone roof restoration 2021, HVACs replaced 2021 &2023, updated electrical panels, substantial masonry & tuckpointing 2021
Offered at a true 6.77 Cap Rate, call today!
Some Dishwasher(s), Some Fireplace(s), Some Insulated Window(s), Some Microwave(s), Some Refrigerator(s), Some Range Oven(s), Some Smoke Alarm(s), Washer/Dryer
Information from Third Parties, Deemed Reliable but Not Verified.
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