3306 Louisiana Avenue St Louis, MO 63118
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.
- Property TypeMulti-Family
- NeighborhoodHaner Add
- CountySt Louis City
- Taxes$702
- HOA/Condo/Coop Fees$0
- Days on Site36 Days
- MLS StatusActive
- MLS ID Number24045708
- Home Size Source County Records
- Year Built1907
- Lot Size0.1193 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Brick
- Parking Off Street
- Sewer Public Sewer
- Acreage 0.1193
- Water Public
- Cross Street Gravois
- Property Sub Type Multi Family
- Attached Garage No
- SqFt Above 3196
Interior Features
- Cooling Gas
- Heating Forced Air
- Appliances Some Refrigerator(s)Some Range Oven(s)
Exterior Features
- Construction Details Brick
Community Features
- Association Dues 0
- Township St. Louis City
- MLS Area Central East