3306 Louisiana Avenue
St Louis, MO 63118
- – beds
- – baths
- – sqft
- 5,197 sqft lot
- 1907 build
- – on site
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.
Last checked:
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Checking…
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Last updated Nov 15, 2024
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MLS# 24045708 —
The Building
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Year Built:1907
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Construction Materials:Brick
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Above Grade Finished Area:3196
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Above Grade Finished Area Source:Public Records
Financial & Terms
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Price Per SqFt:56.32
Location
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Directions:Google
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Latitude:38.596068
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Longitude:-90.238605
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Cross Street:Gravois
The Property
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Parcel Number:1497-00-0080-0
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Property Type:Residential Income
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Property Subtype:Multi-Family 2-4
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Lot Size Acres:0.1193
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Lot Size Dimensions:40x125
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Lot Size SqFt:5197
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Lot Size Source:County Records
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Water Source:Public
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Driveway:Concrete
Listing Agent
- Contact info:
- Agent phone:
- (314) 325-6201
- Office phone:
- (314) 325-6201
Taxes
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Tax Year:2023
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Tax Annual Amount:702
The Listing
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Disclosures:Seller Disclosure, Agent Owned, Flood Plain No, Leases Avaliable, Profit & Loss Avalia
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Special Listing Conditions:None
Heating & Cooling
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Cooling:Gas
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Heating:Forced Air
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Heating:true
Utilities
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Sewer:Public Sewer
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Propane Tank:None
Appliances
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Appliances:Some Refrigerator(s), Some Range Oven(s)
Schools
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Elementary School:Monroe Elem.
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Middle Or Junior School:Fanning Middle Community Ed.
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High School:Roosevelt High
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High School District:St. Louis City
The Community
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Subdivision Name:Haner Add
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Neighborhood:Benton Park West
Parking
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Attached Garage:false
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Parking Features:Off Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/15/24
Nov 15, 2024
|
Price Changed | MARIS | $180,000 | -12.2% |
|
7/25/24
Jul 25, 2024
|
Listed / Active | MARIS | $205,000 | 156.3% (30.5% / YR) |
|
6/14/19
Jun 14, 2019
|
MARIS | $80,000 |
