4230 Louisiana Avenue St. Louis 63111
$87,000 (Listed Sold)

Updated 4-Family with Great Cash Flow

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Invest in St. Louis

Building Features

  • Well maintained four family with great cash flow
  • Units are rented for $475, $475, $465, $450
  • Fixed expenses (taxes, insurance, water, sewer, trash) are $425 a month and $5,100 annually
  • Gross monthly income of $1,865, annual gross income of $22,380
  • Annual net income is approximately $14,000
  • Building has new windows, roof and other updates

 

Asking Price $89,900

Priced at a 15% cap rate

 

Jordan Schoen Is A Licensed Broker In The State Of Missouri

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Property Details:
Square Footage: 3,468 County: St. Louis City Units: 5+ Condition: Rehab Needed Occupancy: Fully Occupied Parking: On Street Parking Heating: Gas Heat Cooling: Central Electric Construction: Brick, Stone Basement: Other
Home Amenities:
  • Some Dishwashers
  • Vinyl Windows
  • Wood Windows
  • Microwaves
  • Fridge
Agent Details:
Owner / Broker: Jordan Schoen Phone: (314) 255-5117 Fax: (314) 480-7053
Contact Agent: Please use the form below to contact agent Jordan Schoen about this listing.

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