$234,000
$245,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
4213 Louisiana AVE St Louis, MO 63111
2,310 SqFt
Key Details
Sold Price $234,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 2,310 sqft
Price per Sqft $101
Subdivision Louisiana Place Add
MLS Listing ID 23041531
Sold Date 09/29/23
Construction Status 118
Year Built 1905
Building Age 118
Lot Size 3,101 Sqft
Acres 0.0712
Lot Dimensions IRR
Property Sub-Type Multi-Family 2-4
Property Description
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.
Location
State MO
County St Louis City
Area Central East
Interior
Heating Forced Air
Cooling Wall/Window Unit(s), Ceiling Fan(s)
Fireplace N
Appliance Some Refrigerator(s), Some Range Oven(s), Some Smoke Alarm(s)
Building
Sewer Public Sewer
Water Public
Construction Status 118
Schools
Elementary Schools Meramec Elem.
Middle Schools Long Middle Community Ed. Center
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash Only, Conventional, Exchange, Private
Listing Terms Cash Only, Conventional, Exchange, Private
Special Listing Condition Renovated, None
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Bought with Marie Ketcherside