3306 Louisiana Avenue
$180,000
—
3,196
3,196
$56
Description
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,...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.
- Listed by Donald Shaver • Invest St. Louis
Property Details for 3306 Louisiana Avenue
Cross Street
Gravois
LISTING UPDATED: 11/15/2024 12:23 PM
Property Details for 3306 Louisiana Avenue
Status | Active |
---|---|
MLS # | 24045708 |
Days on Market | 122 |
Taxes | $702 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Multi-Family 2-4 |
Year Built | 1907 |
Lot Size | 0.12 AC / 5,197 SF |
County | St. Louis Independent City |
Building Information for 3306 Louisiana Avenue
Stories-Residences-Year Built1907Building Size-Lot Size0.12 AC / 5,197 SF
Property Information for 3306 Louisiana Avenue
Property History for 3306 Louisiana Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3306 Louisiana Avenue
Taxable ValueLand$1,900Additions$5,570Total$7,470
Tax Record2020$639 ($53 / month)
Home Facts
Baths4Total Finished SqFt3,196 SqFtAbove Grade Finished SqFt3,196 SqFtStories2Lot Size5,198 SqFtStyleTriplexYear Built1907Year Renovated1907ZoningFCountySAINT LOUIS CITYAPN14970000800
Schools near 3306 Louisiana Avenue
This home is within St. Louis City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Froebel Elementary School PublicPK to 5 | ||
Long Middle Community Ed. Center Public6 to 8 | ||
Roosevelt High School Public9 to 12 | ||
Fanning Middle Community Ed. Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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