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3306 Louisiana Avenue, St Louis, MO 63118

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For Sale

$205,000

3,196 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $64.14
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 24045708

Courtesy Of Invest St. Louis

3256201

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Heating System
    Forced Air
  • Lot Size
    0.12 Acres

Map and Directions

Directions to 3306 Louisiana Avenue, St Louis, MO 63118

Home seller CENTURY 21 Advantage Real Estate, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Advantage Real Estate, Inc.

(314) 474-7621
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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