3521-3525 Utah

3521-3525 Utah is located in South St. Louis City and more specifically Tower Grove East. The property is just minutes away from from South Grand Business District, SLU Hospital and Tower Grove Park making this a excellent opportunity for airBnB, traveling nurses, or other short term rentals. Tower Grove East is a vibrant south St. Louis City neighborhood steeped in history, grounded in community and rich in both architecture and flora. The neighborhood features the dynamic South Grand dining and shopping district, which boast dozens of restaurants and numerous shops offering local and international goods. Tower Grove Park is a vast urban arboretum with walking/running paths, pavilions and picnic sites, tennis courts, a farmers market and more. Multifamily investors have been very active in the capital markets in South St. Louis City, making it one of the most heavily traded apartment submarkets in the region over the past several years.Salient is pleased to present this opportunity to own a fully updated, 6-family in the heart of Tower Grove East. The property consists of 6, 2 bed/1 bath units with off-street parking and a fenced in backyard. Units have been completely updated throughout with high end finishes, new kitchens with new stainless steel appliances, in unit washer/dryer and central heating and cooling. Plumbing and electric have also been updated. Rents are below market with a proven concept of achieving over $1,500/mo with market rents being at $1,550/mo.