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

Listings displaying the MARIS logo are courtesy of the participants of MO - Mid America Regional Information Systems (MARIS) Internet Data Exchange. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Cheri Norton Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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