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3821 Itaska Street
St Louis MO 63116 US

$1,600,000

Active Under Contract Listing ID 24025639
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Lot: 0.33 Acres
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Other

$1,600,000

Active Under Contract Listing ID 24025639
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3821 Itaska Street 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. 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.

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Property Features

  • Facts
  • Lot Size: 0.33 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Wall Unit(s) A/C
  • Heating Fuels: Forced Air

School Information

  • School
  • Woodward Elem.(Elementary)
  • Long Middle Community Ed. Center(MiddleSchool)
  • Roosevelt High(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1600000
  • unparsedaddress: 3821 Itaska Street
  • postalcity: St Louis
  • stateorprovince: MO
  • country: US
  • postalcode: 63116
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.3349
  • lotsizeunits: Acres
  • lotsizearea: 0.3349
  • livingarea: 14843
  • livingareaunits: Square Feet
  • latitude: 38.577619
  • longitude: -90.253897
  • listagentfullname: Lynne Hart
  • listagentemail: lynne@saintlouisrealestate.co
  • listagentkey: 3yd-MARISMO-LHHERRER
  • listagentmlsid: LHHERRER
  • listagentpreferredphone: 8662241761
  • listagentofficephone: 5735203099
  • listofficekey: 3yd-MARISMO-RLBR01
  • listofficemlsid: RLBR01
  • 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.
  • sourcesystemid: MARISMO
  • yearbuilt: 1962
  • listingcontractdate: 2024-04-29
  • listagenturl: http://www.saintlouisrealestate.co
  • countyorparish: St Louis City
  • parcelnumber: 4199-00-0135-0
  • elementaryschool: Woodward Elem.
  • highschool: Roosevelt High
  • elementaryschooldistrict: St. Louis City
  • middleorjuniorschooldistrict: St. Louis City
  • highschooldistrict: St. Louis City
  • cooling: Wall Unit(s) A/C
  • constructionmaterials: Brick, Stone
  • heating: Forced Air
  • numberofunitstotal: 0
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Parking Lot
  • waterfrontyn: False
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -90.253897, 38.577619
  • customfields: {"AlternatePrices":[], "Expenses":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/3821-Itaska-St_Saint-Louis_MO_63116_M78109-55521?f=listhub&s=MARISMO&m=24025639&c=rexren", "LeadRoutingEmail":"lynne@saintlouisrealestate.co", "BrokerName":"Real Broker, LLC", "ListingTitle":"Low/1-2, Apartment Complex - St Louis, MO", "ListOfficeBrokerMlsId":"884650771", "ListOfficeEmail":"Membership@TheRealBrokerage.com", "ListOfficeAddress1":"800 E 101st Terr, Ste 350", "ListOfficeAddress2":null, "ListOfficeCity":"Kansas City", "ListOfficePostalCode":"64131-5310", "ListOfficeStateOrProvince":"MO", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Real Broker, LLC", "ListBrokeragePhone":"(417) 813-1762", "ListBrokerageEmail":"mobroker@therealbrokerage.com", "ListBrokerageWebsiteUrl":"https://www.onereal.com", "ListBrokerageLogoUrl":null, "ListBrokerageUnparsedAddress":"716 N 22nd St Suite 109", "ListBrokerageUnitNumber":null, "ListBrokerageCity":"Ozark", "ListBrokerageStateOrProvince":"MO", "ListBrokeragePostalCode":"65721", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-05-09T16:52:32Z", "Neighborhoods":[{"Name":"South City", "Description":null}], "Taxes":[{"TaxYear":"2023", "TaxAnnualAmount":2904, "TaxDescription":null}]}
Listing Changed: 5/9/2024 10:49:28 PM GMT
Source Updated Date: 5/18/2024 6:49:54 AM GMT

Courtesy of: Lynne Hart, Real Broker LLC, lynne@saintlouisrealestate.co

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.

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