AMAZING VALUE-ADD OPPORTUNITY - 16 UNITS, 2 BUILDINGS IN THE PRINCETON HEIGHTS NEIGHBORHOOD OF ST. LOUIS, MO! This garden-style property features 14 one bedroom one baths and 2 two bedroom one bath apartments. Unit upgrades have recently been completed to all units including kitchen/bathroom remodeling and fresh paint. These upgrades provide immediate value-add opportunity through rent increases and utility charge-backs. Each building contains a basement with coin-operated laundry and storage units for tenants. The property is located at a highly-visible South City intersection surrounded by a vibrant business district brimming with local shops, eateries, cafes, restaurants, parks, and more. Very large units - 800 sf one bedrooms and 900 sf two bedrooms offer a chance for owner to raise rents to the avg $1.31 per sf for surrounding neighborhood. New leases for $950 (1BR/1BA) and $1025 (2BR/1BA) starting in October giving new owner proof-of-proforma rents!