4731-4737 Alaska, St Louis, MO 63111
- 8,000 sqft
Multi-Family Home 
Built in 1916 
0.3acre lot
2 car garage 
$91/sqft 
Listed 2 months ago
Property Description
Act Quick! We can get you a showing of one unit before the tenant moves in on 11/8., but afterward it will be basements only until we've reached a contract. 8 Unit Package in 2 separate 4 family buildings, being sold at a 9.5% cap rate. 100% turnkey and generating a NOI of $66k, these buildings have a little something for anyone seeking cashflow! Two 2 bd Units, Six 1 bd units, one of which is furnished. A two car garage and a 2 car parking pad are included behind the spacious fenced yards. Stable tenancy is longer term and mostly are at market rates (one exception is a little low). Tenants have been thoroughly vetted and pay electronically and on time. Five Units have Electronic door locks which minimize key management concerns. Tons of updates 2016-2020 include moderately to nicely updated kitchens and baths, new sewers, one new roof, and a new city water line (4735-4737). Forced Air and Central AC in all units. 4735-37 are nearly identical in finishes with new shaker cabinetry, countertops, tile, flooring, stainless steel appliances. 4731-33 are all updated, more modestly but with full kitchens and 4 peice appliance sets, 2 units have clawfoot tubs (2FL) and 2 have tub/shower combos. Photos for all units linked the downloadable supporting docs. Seller has completed full inspections on both buildings and the units and they are provided in the supplements along with financials. Agent has a relationship with ownership, and they are ready to buy thier next building! Two Parcels, Seller prefers to sell as a package and close before Christmas. We have connections to DSCR lenders offering 6.5% interest rates on 25 year amortization, as well we can consider conventional loans so long as the income method of appraisal will be utilized. Video tour available is of the furnished unit. Some furnishings may have changed slightly. Ask your realtor for the supplements which include photos of every unit, a video tour, full financials. leases inspections, receipts and more details.
- Listing Status:
- Active
- Date Added:
- September 2, 2025 at 05:00AM
- Listing Office:
- Real Broker LLC : 573-520-3099
- MLS ID:
- 25057610
- General: Private Yard
- Style: Traditional
- Other Structures: Garage(s)DeckRear Porch
- Pool: None
- Parking: Additional ParkingAlley AccessGarageGarage Door OpenerOff StreetOn StreetParking PadParking spaces: 4
- Roofing: Flat
- General: BrickTwoStone
- Road/Access: City Street
- HOA Amenities: ParkSidewalksStreet LightsPublic Bus0.0
- Originating MLS: maris2
- School District: St. Louis City
- County: St Louis City
- Zoning: C. B. 2774 ALASKA AV 45 FT 9 IN X 142 FT 6 IN SOUTH ST LOUIS SUBURB ADDN BLOCK 29 LOTS 28 & S-29 & N-272774-00-0320-0
- Fencing: Back YardFencedWood
- Utilities: Cable AvailableAmeren
- Water: Public
- Source: maris2
- Ownership: Private
This listing courtesy of Real Broker LLC
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Woodward Elementary School
725 Bellerive Blvd, Saint Louis, MO, 63111
Grades PK-5
0.48 miles away
Long Middle School
5028 Morganford Rd, Saint Louis, MO, 63116
Grades 6-8
1.22 miles away
Roosevelt High School
3230 Hartford St, Saint Louis, MO, 63118
Grades 9-12
2.00 miles away
