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3821 Itaska Street, Saint Louis, MO 63116
$1,600,000 Sale Pending
3821 Itaska Street, Saint Louis, MO 63116View this property at 3821 Itaska Street, Saint Louis, MO 63116
3821 Itaska StreetSaint LouisMO63116
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Property Description
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.
Full Property Details
Full Property Details for 3821 Itaska St
General
- Price: $1,600,000
- Taxes: $2,904 (2023)
- Status: Pending
- Type: Commercial Multi-Family
- MLS ID: 24025639
- Updated: 5/9/2024
- Added to Site: 16 day(s) ago
Rental Information
- Lease/Rent Term: Leases, Month To Month
Parking
- Parking Features: Parking Lot
Location
- Area: South City
- County: St Louis City
- Township: St. Louis City
- Subdivision: St Louis Add
- Neighborhood: Dutchtown
- Driving Directions: Grand Avenue to West on Itaska, building is on the right.
School Information
- School District: St. Louis City
- High School District: St. Louis City
- Elementary School: Woodward Elem.
- Middle School: Long Middle Community Ed. Center
- High School: Roosevelt High
Heating & Cooling
- Cooling Type: Wall Unit(s), Electric
- Heating Type: Forced Air
- Heating Fuel: Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Square Feet: 14,843
- Year Built: 1962
Lot Features
- Lot Size (Acres): 0.3349
- Lot Size (Sq. Ft.): 14,588
- Lot Size Source: County Records
- Lot Dimensions: 102.74 x 142
Financial Considerations
- Price Per Sq. Ft.: $107.79
- Assoc Fee Freq.: None
- Tax Amount: $2,904
- Tax Year: 2023
- Terms: Cash Only, Conventional, FHA, VA
- Tenant Pays: All Utilities, Gas
Disclosures and Reports
- Buyer’s Brokerage Compensation: 1.5%
- Ownership: Private
- Special Conditions: None
- Inclusions: Building & Land
- Disclosures/Reports: Unknown, Sellers Discl Not Av
- Property ID: 4199-00-0135-0
- Lot Number: 6
Listed by Real Broker LLC
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Schools
Schools serving 3821 Itaska St
School District:St. Louis City Schools
Rating | Name | Grades | Distance |
---|---|---|---|
725 Bellerive Blvd, Saint Louis, MO 63111 | PK-5 | 0.8 mi | |
5028 Morganford Rd, Saint Louis, MO 63116 | 6-8 | 0.7 mi | |
3230 Hartford St, Saint Louis, MO 63118 | 9-12 | 1.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3821 Itaska St
Date
Details
Price
Change
Source
4/29/2024
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3821 Itaska St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,904
-4%
$36,480
—
2022
$3,015
—
$36,480
—
2021
$3,011
1%
$36,480
—
2019
$2,977
-3%
$36,480
—
2018
$3,072
2%
$36,480
—
2017
$3,019
-1%
$36,480
—
2016
$3,058
10%
$36,480
—
2015
$2,769
—
$36,480
—
2014
$2,767
—
$36,480
—
2013
$2,768
—
$36,480
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3821 Itaska St
3821 Itaska Street, Saint Louis, MO 63116 (MLS# 24025639) is a Commercial Multi-Family property. 3821 Itaska Street is currently listed for $1,600,000 and was received on April 29, 2024. Want to learn more about 3821 Itaska Street? Do you have questions about finding other Commercial Multi-Family real estate for sale in Saint Louis? You can browse all Saint Louis real estate or contact a Coldwell Banker agent to request more information.