2823 Henrietta Active Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63104
Key Details
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Active
Purchase Type For Sale
Square Footage 4,936 sqft
Price per Sqft $111
Subdivision City/St Louis
MLS Listing ID 24051944
Year Built 1890
Building Age 134
Lot Size 2,993 Sqft
Property Description
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.
Location
State MO
County St Louis City
Area Central East
Interior
Heating Forced Air
Cooling Electric
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Hodgen Elem.
Middle Schools Fanning Middle Community Ed.
High Schools Vashon High
School District St. Louis City
Others
Acceptable Financing Cash Only,Conventional,Exchange,FHA,Government,VA
Listing Terms Cash Only,Conventional,Exchange,FHA,Government,VA
Special Listing Condition None