3805 Itaska Street
St Louis,
MO
63116
Property Details
List Price: |
$1,600,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Pending |
SqFt: |
14835 |
Agency: |
Real Broker, LLC |
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1962 |
Notes: |
3805 and 3821 Itaska are being offered as a package (only) for a total of 24 units, with a Cap Rate at 9.5 based on ACTUAL rents. Convenient South City location with mature landscaping and sitting right across the street from St. Mary's Baseball field gives and extra park-like feel to the area. Both buildings have new TPO Roofs in 2022 with 20 year warranties and have had some sewer repairs in recent years. Potential to raise rents at lease ends/turnover and reach over 12% Cap rate. <br />
<br />
Ready for you to take over and start receiving income. We have a lender who's reviewed the offering and ready to lend, potentially at a 6.5% interest rate if you'd like the connection! Please obtain attachments and financials available for review before making any offer. Seller is not interested in any form of seller financing. |
MlsNumber: |
24025642 |
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Listing Provided By: |
Real Broker, LLC, original listing |
Name: |
Real Broker, LLC |
Phone: |
(417) 813-1762 |
Office Name: |
Real Broker LLC |
Office Phone: |
(573) 520-3099 |
Agent Name: |
Lynne Hart |
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. |