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: The Riverview Group
Agent Phone: (855) 573-5263
Agency Title: Trophy Properties & Auction
Estimated Payment
$ 6,068.63 per month $4,440.01 Principal & Interest $1,046.75 Property Tax $581.88 Homeowner's Insurance
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 the-riverview-group.trophypa.com today.