4109 Lafayette Ave, St Louis, MO 63110
- $725,000
- 3,962
- SqFt
- List Price
- $725,000
- Days on Market
- 0
- MLS#
- 26048603
- Status
- ACTIVE
- Living Sq. Ft
- 3,962
- Lot Size
- 5,201
- Acres
- 0.12
- Year Built
- 1916
- Subdivision
- Shaws Lafayette Add 03
- Municipality
- St. Louis City
- County
- St Louis City
- Listing Type
- Multifamily
Property Description
Located in the desirable Botanical Heights & rapidly appreciating Forest Park Southeast submarket, this fully rehabbed 100% OCCUPIED quadruplex is a perfect investment opportunity to add to your real estate portfolio. Electric panels and plumbing have all been recently replaced within the last 6-8 years. With 2 rents slightly below market value, this building has the potential of an over 8.5% CAP RATE when increased. Each unit is approximately 900sf with a spacious living room, kitchen, 2 full bathrooms, 2 bedrooms & a private in-unit laundry room. The basement offers additional storage space. There is private off-street rear tenant parking for 4 vehicles. Each unit has its own private balcony off the bedroom to enjoy cool Saint Louis evenings. One lease expires at the end of October so this makes for a great opportunity for an owner occupant or someone getting a VA loan. This unbeatable neighborhood nestled between Shaw & The Grove offers a quick walk to many great restaurants & the Missouri Botanical Gardens. You'll love nearby Tower Grove Park where you can enjoy farmer's markets, food trucks, festivals & amazing green space. Walking distance to WashU Medical Campus. Don't miss the opportunity to own this MUST SEE building!
Additional Information
- School District
- St. Louis City
- Elementary School
- Adams Elem.
- Jr. High School
- Elias Michael Elem.
- Sr. High School
- Vashon High
- Parking Description
- Paved, Parking Pad
- Cooling
- Ceiling Fan(s), Central Air
- Heating
- Forced Air, Natural Gas
- Water
- Public
- Selling Terms
- 1031 Exchange, Cash, Conventional, FHA, VA Loan
Mortgage Calculator
Listing courtesy of The Hermann London Group LLC.
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified
