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Hancock Place Elem.Elementary School
Hancock Place MiddleMiddle School
Hancock Sr. HighHigh School
Description
Here is your chance to own a duplex on a very quiet street in South County located down the street from Hancock High School. The left side unit is occupied and has passed occupancy inspection through St Louis County. The current rent on the left side $575/month on a month to month lease. The right unit is vacant and needs work. Both units are 1 bedroom and 1 bathroom. Not sure what the age of the furnaces are. The left side unit furnace is a little newer and has passed inspection through STL County. There are no AC units for either side. Once the right side is renovated you should be able to increase the rent. Should bring in around a 10% cap rate once renovations are done and new tenant is in place. All items will stay in the right unit as part of the sale. The Gross Operating Income on listing only reflects the occupied unit. Left unit will only be shown with an accepted contract. Schedule a showing through ShowingTime.
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