3449 Morganford Road

Value-add 12 unit property in the heart of Tower Grove South, just a few blocks from Tower Grove Park. All 12 units are 1 bd / 1 bth. Most of the units have had some updating done to them in the last 5-10 years; including kitchen cabinets, countertops, ranges, refrigerators and some bathrooms. Most of the tenants are month to month and have lived there for awhile and the owner has always been reluctant to raise anyone's rent. So there's a big opportunity to increase overall cash flow by getting either new or existing tenants up to market rates. Call listing agent for more information.