3416 Indiana Avenue

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3416 Indiana Avenue

St. Louis, MO 63118
Asking Price
$350K
Cap Rate
6.78%
Asset Type
Multifamily
Class
Class B

What's Special

South City Turnkey Investment Opportunity <ul><li>​<span style="color: rgba(0, 0, 0, 1)">Each unit offers a private 1 bed, 1 bath layout</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Major improvements include updates to electric, plumbing, stacks, modern central HVAC, and a newer roof. </span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Original hardwood floors and historic woodwork paired with updated kitchens and baths. </span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Private rear decks and basements with individuall

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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.42%
Monthly Payment
$1,731.114
Annual Cash Flow
$59,226.629

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