7118 Amherst Ave

Check out this well-maintained two-family in University City, within walking distance of Wash U and Lewis Park. There is potential to add value with cosmetic updates to the kitchens and baths. The 2,576 SF building is comprised of two-bed units that are each approximately 1,250 SF. The average rents of 13 two-bed rentals within 1.5 miles in the last year is $1,778. The building features hardwood floors, fireplaces, a large living room and dining room, central air conditioning, and radiant heating. One of the boilers has recently been replaced. New AC was installed for the upper level in 2023. A PVC plumbing stack and the lateral has been replaced. There is an enclosed porch for each apartment, storage units, and laundry hookups. The tuckpointing is in great shape and there is a two car garage. There is a long term month-to-month tenant in the first floor unit, and the second floor is vacant. Sales comparables range from $300k-$758k in 63130 zip code depending on size and updates.