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Welcome to 5915 Cates a newly renovated six-unit apartment building that offers exceptional city living. This property is located in a vibrant community situated near Forest Park, St. Louis Zoo, Missouri History Museum, Delmar Makers District, Washington University, Delmar Loop, and easy access to dining and entertainment options. Each of the six apartment units include 3 bedrooms and 2 full bathrooms and have been renovated to include modern finishes and amenities. Units rent for $2000/month and have modern kitchen with stainless steel appliances, private laundry, updated fixtures, updated bathrooms with tile flooring, and primary bedroom with private bath. Building features include an intercom system, basement with storage space for tenant use, and secured covered parking. Incredible 8.8% cap rate and $133,365 net income when fully occupied. Two units currently leased at $2000/month.

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Street Address: 5915 Cates Avenue

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City: Saint Louis

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State: Missouri

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Postal Code: 63112

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County: St. Louis City

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MLS Number: MAR24024883

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Courtesy of Hybrid Real Estate

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