Property Description

**Exceptional Four-Family Investment Opportunity on Russell Boulevard**https://www.mandrpropertygroup.com/st-louis-3666-3668-russell-blvdRare opportunity to own a substantial four-family property in one of St. Louis' most desirable central neighborhoods. Located on beautiful Russell Boulevard near Tower Grove Park, the Missouri Botanical Garden, The Hill, BJC and the Washington University Medical Campus, this property offers an impressive combination of historic St. Louis architecture, spacious apartment layouts and strong rental potential.Unlike many four-family properties in the area, every apartment offers three bedrooms and multiple bathrooms. The building consists of three 3-bedroom, 2.5-bath apartments and one 3-bedroom, 3-bath apartments.The property offers two distinct styles of apartments. The 3666 units showcase classic St. Louis character with hardwood floors, large bay windows, original millwork, decorative fireplaces and generously sized rooms. The 3668 units have been extensively updated and feature open-concept living spaces, exposed brick, modern kitchens, stainless steel appliances, updated bathrooms and in-unit laundry while still retaining the building's historic character.Property highlights include:* Four spacious 3-bedroom apartments* One 3-bedroom/3-bath unit* Three 3-bedroom / 2.5-bath units* Approximately 6,200+ square feet* Historic brick four-family building* Hardwood floors and original architectural details* Decorative fireplaces* TPO Roof* New Windows* PVC Throughout with updated water lines throughout* Upgraded 200 amp electrical meters and new electric panels in units* Exposed brick* Updated kitchens and bathrooms* Stainless steel appliances in renovated units* In-unit laundry* Central heating and air, Gas in 3666 building* Private outdoor space/decks - maintenance free composite decking* 4 off street parking spots* Strong existing rental history with additional rent-growth potential* Opportunity for an investor or owner-occupantWith spacious layouts that are difficult to replicate in today's rental market and a desirable location near some of St. Louis' most popular parks, restaurants, neighborhoods, universities and medical employers, 3666-3668 Russell Boulevard represents a unique opportunity to acquire a substantial multifamily asset with both current income and future upside.

Property Features

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