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3761 Meramec St
Saint Louis, MO 63116
Multifamily Property For Sale · 8 Units

INVESTMENT HIGHLIGHTS

  • New roof
  • Some newer furnaces & water heaters
  • Current rents plus $800 for the new vacancy = $71,820 in gross annual income. Less operating expenses of $10,718, that's an NOI of $61,102, a 10.03% c
  • New electric panels and wiring
  • 7 of 8 units have been renovated

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.23 AC
Building Size 7,311 SF
No. Stories 2
Year Built 1927
Zoning B

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 8 $775.00 913

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2586-00-0550-0
Land Assessment
$4,220
Improvements Assessment
$49,080
Total Assessment
$53,300
  • Listing ID: 30393978

  • Date on Market: 12/18/2023

  • Last Updated:

  • Address: 3761 Meramec St, Saint Louis, MO 63116

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