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7118 Pershing Ave presents a rare opportunity to acquire a high-performing rental home in one of the strongest student rental markets in the St. Louis region. Located just a block and a half from Washington University, the property benefits from immediate access to campus, Forest Park, the Delmar Loop, and the Central West End. The property was recently leased to Washington University students for $6,500 per month, generating $78,000 in annual gross rental income. Its proven rental history and premier location make it an attractive investment with strong long-term demand. The seller is open to selling the furniture with the home, creating a turn key opportunity for the next owner. The property could work well as a medium or long term furnished rental, or owner occupied home. The home beautifully blends historic character with modern updates, featuring 4 bedrooms and 2.5 baths, hardwood floors, bay windows, French doors, a wood burning fireplace, and abundant natural light throughout. The spacious floor plan offers multiple living and gathering areas that are ideal for both tenants and owner occupants. The updated kitchen is a standout feature, complete with quartz countertops, stainless steel appliances, modern cabinetry, and quality finishes. The thoughtful design provides both functionality and style while maintaining the home's original charm. Upstairs, the home offers spacious bedrooms with excellent closet space, including multiple walk-in closets with built-in shelving. Updated bathrooms, a walk-in shower, and a convenient second-floor laundry area further enhance the property's appeal. Additional highlights include a welcoming front patio, a private fenced backyard, and a large basement with ample storage and potential for additional living or recreational space. A timeless, flexible property and wonderful piece of real estate to own long term.
Source: Missouri - MARIS MLS, MLS#: 26040388
