2823 Henrietta
St Louis,
MO
63104
Property Details
List Price: |
$599,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
4936 |
Agency: |
Invest St. Louis |
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1890 |
Notes: |
Architecturally significant four-family built located in The Gate District close to Lafayette Park, St. Louis University Hospital, St. Louis University School of Medicine and Cardinal Glennon Hospital. Rehabbed ~1,200 square foot 2 bed 1 bath units with updated kitchens with new cabinets, countertops, stainless steel appliances, renovated bathrooms, new flooring throughout, new back staircases. Newer roof, new electric panels, new HVAC, & all units have full-size washer & dryer inside the unit. In short, all the major updates/work is done here - "A" level finishes, young systems, and an exterior in good shape. Currently fully occupied w/ rents avg below $1/sf. With proforma/market rents at ~$1.13/sf ($1395/unit), the building delivers an 8% cap rate w/ a 1.25 DSCR at list price with current interest rates. Extensive media (including full video walkthrough of all units, basement, & exterior), 3D scans of two units, and documentation (survey etc) are available in supplements. |
MlsNumber: |
24036488 |
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Listing Provided By: |
Invest St. Louis, original listing |
Name: |
Invest St. Louis |
Phone: |
(314) 255-5117 |
Office Name: |
Invest St. Louis |
Office Phone: |
(314) 325-6201 |
Agent Name: |
Patrick Kavanagh |
Disclaimer: |
Copyright © 2024 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |