Active
2823 Henrietta
St Louis, MO 63104
4,936 sqft
$599,000
Details
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.
Specs
Type Multi-Family
Square Footage 4,936 sqft
Lot Size 0.07 acres
Year Built 1890
Taxes Paid $1,923
Lots & Building Features
Appliances Some Dishwasher(s), Washer/Dryer, Some Smoke Alarm(s), Some Shower Bath(s), Some Refrigerator(s), Some Range Oven(s), Some Microwave(s)
Construction Brick
Cooling Electric
Heat Source Gas
Heating Forced Air
Parking Description On Street
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 131x23x132x23 ft
Room Details
Misc Description Laundry Facl-Commty, Storage Room Avail
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Area
City St Louis
County St Louis City
School District St. Louis City
Subdivision City/St Louis
Schools
Elementary School Hodgen Elem.
Junior High School Fanning Middle Community Ed.
Senior High School Vashon High