4448 Gibson Avenue presents an opportunity to acquire a fully renovated, income-producing duplex in the heart of The Grove.
Both spacious 1-bedroom, 1-bathroom units are currently leased at $1,475 per month, generating $35,400 in annual gross rental income. The property has been extensively renovated and has proven to be an easy-to-manage… Read More asset with minimal ongoing repairs and maintenance.
Each unit features tall ceilings, large windows with abundant natural light, hardwood floors, original pocket doors, quartz countertops, stainless steel appliances, and in-unit washer and dryer. The property also offers private outdoor space, a backyard, and off-street parking.
Located in one of St. Louis’ most desirable urban neighborhoods, 4448 Gibson is within walking distance of The Grove’s restaurants, breweries, cafés, and entertainment and just minutes from Cortex, Barnes-Jewish Hospital, Washington University Medical Campus, and Forest Park.
With strong in-place rents, quality renovations, and a highly desirable location, 4448 Gibson offers investors a turnkey opportunity with immediate cash flow and limited day-to-day management. Read Less
Listing courtesy of Salient Realty Group, LLC, 314-374-3687.
Listing Snapshot
Days Online
40
Last Updated
Property Type
2-4 Units
Square Ft.
1,968
Lot Size
0.07 Acres
Year Built
1894
MLS Number
26057370
Additional Details
Appliances & Equipment
Stainless Steel Appliance(s)
Basement
8 ft + Pour
Building
Built in 1894, Living area: 1968, Construction Materials: Brick
Cooling
Central Air
Disclosures
None
Exterior Features
Patio/Porch Features: Covered, Deck
Fireplaces
2 fireplaces, Decorative
Floors
Hardwood
Heating
Forced Air
Income
Gross Income: $35,561, Net Operating Income: $29,120
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