PRICE REDUCTION! Rare Investment Opportunity. Reeds Inn Wright City Apartments. Fully Rehabbed & Renovated 9-Family Building. All units are currently leased. Rents VERY fast. Excellent Location & High Visibility provides several calls per week from potential tenants. The owner has done an amazing job remodeling this property & replaced all of the the following within 5 years;*Lifetime Roof, Siding, Shutters, Windows, Soffits, Facia, Vinyl Porch/Stair Railings, Kitchens, Kitchen Appliances, Baths, A/C units, Modern Radiant Baseboard Heaters/Coolers, Thermostats, Copper Wiring & Circuit Breaker Panels, Plumbing, Flooring, Doors, Insulation, & more. Gross rents=$67800, can be raised to $75780 bringing potential net to $51791. Close to Shopping, Parks, Schools, Resturants, Wentzville GM Assembly Plant, & more. This gem is a solid, low maintenance money maker. See agent about owner financing. Do not disturb tenants.
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