3720 Winnebago St, Saint Louis, MO 63116

This 4-family features four nicely renovated 1/1 units with a living room, bedroom (two private, two walkthrough), attractive kitchen and bath, sunroom, LVP flooring, white wood trim, and neutral paint. The 3722 side features new electric wiring throughout, plumbing, windows, plus renovated kitchens, baths, flooring, paint, and light fixtures. 3720 2F features some new windows, new flooring, plus renovated kitchen and bath. 3720 1F was updated by the previous owner '21-'22 and received new flooring in '24. Basement houses laundry hookups, updated sewer lateral, new water heaters and furnaces ('21-'23), circuit breaker electric panels (new on 3722 side), pex water lines, and PVC waste stacks. Heat is forced air, cooling is window AC (2 per unit). TPO roof was installed in '22. See supplements for the detailed list - even the original stained glass has been restored! Parking is on-street. Units rent for 749, 799, 695, and 799 - plus a $60 utility billback (each) for a gross annual income of 39,384. Less operating expenses of 12,124 (ask your agent for details in the supplements) = NOI of 27,260, a 9.24% cap rate at asking price. Use management? Add that in for your adjusted figures. Rentometer indicates rents could be even higher (see photos). Units are fully occupied and can be shown with an accepted offer, but basement and exterior can be viewed with an appointment. Photos are from before current tenants moved in. This is a turnkey operation, ready to be a solid addition to your portfolio! Listing will go live when a few things are completed in the basement; basement showing access will go live at that time. Units are occupied, so they'll be shown only with an accepted offer.