Offered at a true, in-place 7.25% Cap Rate boasting average rents of $4,000/mo leased through mid-2027, 7106 & 7110 Forsyth Blvd represent a rare & treasured opportunity to acquire two high-end, side-by-side turnkey investment properties located in what many see as the most sought-after block in the Washington University student rental submarket. These 2 duplexes operate as a unified investment with their shared driveway with ample garage parking. The finishes and updates will have it operating at a high level for years to come: 7110 Forsyth underwent an entire near-gut renovation over 2022-2023 - new kitchens, bathrooms, in-unit laundry, electric, plumbing, the works. Easy to rent for high amounts, with low expenses. 7106 Forsyth has excellent updated kitchens with granite counters and stainless appliances, along with gut-renovated bathrooms, updated electrical services & plumbing, and more. Incredible layouts, hardwood floors throughout, high ceilings, tons of natural light, updated windows throughout, huge kitchens, large bedrooms with ample closets - even some with walk-in closets. Nestled on the West side of Campus close to Downtown Clayton, the storied financial district of St. Louis boasting wonderful restaurants & stores, Forsyth is an enviable location. Students jump to find housing here, often leasing a year in advance. Call today, will not last long!
Listed By
Agency Name: Evan Kuhn, Broker
Shown By
Agent Name: Jenni Green Bank and Klaus Bank
Agent Phone: 314.346.1972
Agency Title: RedKey Realty Leaders
Estimated Payment
$ 12,497.67 per month $10,869.04 Principal & Interest $1,046.75 Property Tax $581.88 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
7110 Forsyth Boulevard | MLS# 26032628
This multi-family property located at 7110 Forsyth Boulevard , University City, MO 63105 is currently listed for sale with an asking price of $1,995,000. Forsyth Boulevard is located within the University City school district. Search University City real estate on www.jennigreenrealestate.com today.