Property Description

Located just a 1/2 mile from the vibrant Delmar Loop, this updated 4-unit building offers an ideal combination of location, privacy, and long-term value. Positioned in a high-demand area with continued investment and infrastructure enhancements driven by Washington University, this property is well-situated for both tenants and owners. Each of the four spacious 2BD/2BA units features an open-concept layout with upscale finishes, including stainless steel appliances, granite countertops, and generous walk-in closets. Residents enjoy the convenience of elevator access, the privacy of occupying their own floor, and two dedicated garage spaces per unit-one tuck-under and one located at the rear of the building. This turnkey multifamily opportunity offers flexible ownership options: hold as a solid income-producing asset or owner-occupy one unit while offsetting expenses with rental income from the remaining units. Recent improvements include three new water heaters (2021-2022) and a new roof (2017). Don't miss the opportunity to call 6416 Cates Avenue home or add it to your investment portfolio! Preferred to be sold as-is on a Special Sales Contract.

Property Features

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