3805 Itaska Street St Louis, MO 63116
3805 and 3821 Itaska are being offered as a package (only) for a total of 24 units, with a Cap Rate at 9.5 based on ACTUAL rents. Convenient South City location with mature landscaping and sitting right across the street from St. Mary's Baseball field gives and extra park-like feel to the area. Both buildings have new TPO Roofs in 2022 with 20 year warranties and have had some sewer repairs in recent years. Potential to raise rents at lease ends/turnover and reach over 12% Cap rate. Ready for you to take over and start receiving income. We have a lender who's reviewed the offering and ready to lend, potentially at a 6.5% interest rate if you'd like the connection! Please obtain attachments and financials available for review before making any offer. Seller is not interested in any form of seller financing.
- Property TypeCommercial
- NeighborhoodSt Louis Add
- CountySt Louis City
- Taxes$2,904
- HOA/Condo/Coop Fees$0
- Days on Site16 Days
- MLS StatusPending
- MLS ID Number24025642
- Home Size Source County Records
- Year Built1962
- Lot Size0.3727 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 3805 Itaska Street St Louis, MO 63116
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General Features
- Construction Brick
- Parking Parking Lot
- Sewer Public Sewer
- Acreage 0.3727
- Water Public
- Property Sub Type Multi Family
- Attached Garage No
- SqFt Above 14835
Interior Features
- Cooling Wall Unit(s)Electric
- Heating Forced Air
- Laundry Features Coin Operated
Exterior Features
- Construction Details Brick
Community Features
- Township St. Louis City
- MLS Area South City