St Louis, MO 63118,3306 Louisiana AVE
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St Louis, MO 63118,3306 Louisiana AVE
St Louis, MO 63118,3306 Louisiana AVE
St Louis, MO 63118,3306 Louisiana AVE
St Louis, MO 63118,3306 Louisiana AVE
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$ 205,000
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3306 Louisiana AVE St Louis, MO 63118

3,196 SqFt


UPDATED:

07/30/2024 09:00 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family 2-4

Listing Status Active

Purchase Type For Sale

Square Footage 3,196 sqft

Price per Sqft $64

Subdivision Haner Add

MLS Listing ID 24045708

Construction Status 117

Year Built 1907

Building Age 117

Lot Size 5,197 Sqft

Acres 0.1193

Lot Dimensions 40x125

Property Description

Seize the opportunity to own this fully occupied, cash-flowing gem generating $2,035/month with potential for increased rents. This sturdy brick property features central heat and air conditioning in all units, with one newly renovated unit and two long-term tenants. Significant updates include a new roof and sewer laterals in 2021 and 2024, some new appliances, two new furnaces in 2021, a new AC unit in 2023, and a new fence in 2024. With its strong return on investment and room for rent growth, this property is an excellent addition to any investment portfolio. Don?t miss out?make your offer today and capitalize on this outstanding opportunity!
Offered at a 9% Cap, with modest rent increases this easily reaches over a 10% Cap.

Location

State MO

County St Louis City

Area Central East

Interior

Heating Forced Air

Cooling Gas

Fireplace N

Appliance Some Refrigerator(s), Some Range Oven(s)

Exterior

Parking Type Off Street

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Construction Status 117

Schools

Elementary Schools Monroe Elem.

Middle Schools Fanning Middle Community Ed.

High Schools Roosevelt High

School District St. Louis City

Others

Ownership Private

Acceptable Financing Cash Only, Conventional, FHA, VA

Listing Terms Cash Only, Conventional, FHA, VA

Special Listing Condition None


Listed by Donald Shaver • Invest St. Louis

Tom Daugherty

Agent | License ID: 475.174152

+1(618) 910-4009

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3306 Louisiana AVE