Sold
4213 Louisiana Avenue
St Louis MO, 63111
Price upon request
Sold
2,310 sqft
Multi-family
Built in 1905
This attractive, turnkey 4-family building features 1/1 walk-through units, off-street parking, and loads of updates! Capex improvements include a full interior rehab in 2020 complete with flooring, bathrooms, kitchens, drywall, painting, plus water heaters, furnaces, and plumbing. In 2021 extensive tuck pointing and a new roof were added. With rents at 650, 650, 675, 675 the gross annual income is 31,600; less expenses of 6403 (see RPV) the NOI is 24,797, making this a 10.12% cap rate at asking price. See supplements for financials; add management if you don't want to self-manage. The building is fully occupied so no showings without an accepted contract (contingent on viewing, of course). Interior photos are from before the units were rented out post-rehab.
23041531
MLSⓇ ID
May 9, 2024
Updated
Map
4213 Louisiana Avenue
St Louis MO, 63111
Interior Features
Appliances
Some Refrigerator(s), Some Range Oven(s), Some Smoke Alarm(s)
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s), Ceiling Fan(s)
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.07 Acres
Sewer
Public Sewer
School Information
School District
St. Louis City
High School
Roosevelt High
Elementary School
Meramec Elem.
Other Property Details
Area Name
Central East
Taxes
$1,123
Tax Frequency
Annually
Days on Market
81
Garage
No
Parking
Off Street, On Street
View
No
County
St Louis City
Municipality
St. Louis City
Water Source
Public
Pool
No
Buyer Agency Compensation
2.7%
Listing History
Date | Event | Price |
---|---|---|
10/3/2023 | Price Change | $234,000 -5% |
10/3/2023 | Sold | — |
8/3/2023 | Under Contract | — |
Courtesy of Radius Realty, Tammy K Derrigan
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