3306 LOUISIANA AVE
ST LOUIS, MO 63118

$205,000

0 Beds

0 Baths

3,196 Sq Ft

Status Active

MLS# 24045708

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.

Details for 3306 LOUISIANA AVE

$64 / Sq Ft

0 parking spaces

46 Days on website

Interior

Appliances

["Some Refrigerator(s)", "Some Range Oven(s)"]

Living Area

3,196 SqFt.

HOA Features

Association Fee

Building And Construction

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1907

Exterior And Lot

Lot Size Acres

0.1193

Lot Size Square Feet

5197

Parking Features

["Off Street"]

Utilities

Cooling

["Gas"]

Heating

["Forced Air"]

Area And Schools

City

St Louis

County Or Parish

St Louis City

Elementary School

Monroe Elem.

High School

Roosevelt High

Middle Or Junior School

Fanning Middle Community Ed.

School District

St. Louis City

Subdivision Name

Haner Add

Financial Info

Tax Annual Amount

$702

Tax Year

2023