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About the Listing RLBR01 - LHHERRER
8 Unit Package in 2 separate 4 family buildings, being sold at a 9.4% cap rate. 100% turnkey and generating a NOI of $72k, these buildings have a little something for anyone seeking cashflow! Two 2 bedroom Units, 6 1 bedroom units, one of which is furnished. A two car garage and a 2 car parking pad are included behind the spacious fenced yards. Stable tenancy is longer term and mostly are at market rates (one exception is a little low). Tenants have been thoroughly vetted and pay electronically and on time. Five Units have Electronic door locks which minimize key management concerns. Tons of updates 2016-2020 include moderately to nicely updated kitchens and baths, new sewers, one new roof, and a new city water line (4735-4737). Forced Air and Central AC in all units. 4735-37 are nearly identical in finishes with new cabinetry, countertops, tile, flooring, stainless steel appliances. 4731-33 are all updated, more modestly but with full kitchens and 4 peice appliance sets, 2 units have clawfoot tubs (2FL) and 2 have tub/shower combos. Full photos are linked in the downloadable supporting documentation. Agent has a relationship with ownership, and they are ready to buy thier next building! Will not separate. No showings without an agreed contract, however showings may be available for a short period in September after a tenant move out. Seller will not finance Video tour available is of the furnished unit. Some furnishings may have changed slightly.
Listing Highlights for 4731-4737 Alaska
Status
Active
Days on Site
15
Property Type
Multi-Family
MLS ®
25057610
Year Built
1916
Total Square Footage
8,000
Lot/Acreage
0.3
County
St Louis City
Neighborhood
St Louis
Area
3 - South City
School District
St. Louis City
Elementary School
Woodward Elem.
Middle School
Long Middle Community Ed. Center
High School
Roosevelt High
Interior Details
- Bedrooms: 10
- Bathrooms: 9 Full
- Appliances: Dishwasher, Built-In Electric Oven, Refrigerator
- Air Cond: Ceiling Fan(s),Central Air
- Heating: Electric,Forced Air
- Fireplaces: 0
- Floor: Ceramic Tile,Wood
- Above Ground Sq Ft: 8000
- Below Ground Sq Ft: 0
- Basement: Unfinished,Walk-Up Access
- Other:
- Water: Public
Exterior Details
- Lot Description: Back Yard,Front Yard,Many Trees
- Garage Capacity: 2 car
- Parking Spaces: 2
- Roof: Flat
- Others: Updated/Remodeled
- Sewer:
- Parking Features: Additional Parking,Alley Access,Garage,Garage Door Opener,Off Street,On Street,Parking Pad
Financial Details
- Tax Amount: $3,478
- Taxes w/Assessments: N/A
- Tax/Property ID: 2774-00-0320-0
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
4731-4737 Alaska St Louis, MO 63111
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