Jo Court Apartments is a beautifully maintained private cul de sac of solid brick duplexes located right on the Berkeley/Hazelwood border. Each unit features the original hardwood floors, forced heat/central air, w/d hookups in the private basement, 2 spacious bedrooms, off street parking, and easy access to public transportation and major highways. Many of the tenants have been residents for 5+ years, and the property has been fully occupied for the past several years. Recently turned units have been leased for $850+/mo with tenants paying their own water/sewer/trash/gas/electric. Landlord simply provides maintenance and upkeep for the buildings, making Jo Court Apartments a great turnkey investment with plenty of room to increase rents. Additionally, there is an assumable FNMA loan on with a 30yr amort @ 4.4% for $1.7m. Please call listing agent for more information.
Courtesy of St. Louis Apartment Experts
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