4109 Lafayette Avenue

About this home

Located in the desirable Botanical Heights & rapidly appreciating Forest Park Southeast submarket, this fully rehabbed 100% OCCUPIED quadruplex is a perfect investment opportunity to add to your real estate portfolio. Electric panels and plumbing have all been recently replaced within the last 6-8 years. With 2 rents slightly below market value, this building has the potential of an over 8.5% CAP RATE when increased. Each unit is approximately 900sf with a spacious living room, kitchen, 2 full bathrooms, 2 bedrooms & a private in-unit laundry room. The basement offers additional storage space. There is private off-street rear tenant parking for 4 vehicles. Each unit has its own private balcony off the bedroom to enjoy cool Saint Louis evenings. One lease expires at the end of October so this makes for a great opportunity for an owner occupant or someone getting a VA loan. This unbeatable neighborhood nestled between Shaw & The Grove offers a quick walk to many great restaurants & the Missouri Botanical Gardens. You'll love nearby Tower Grove Park where you can enjoy farmer's markets, food trucks, festivals & amazing green space. Walking distance to WashU Medical Campus. Don't miss the opportunity to own this MUST SEE building!

Property details

County

St Louis City

Subdivision

Shaws Lafayette Add 03

Lot size

0.1194 acres

Garage spaces

0

Days on market

21

Annual taxes

$288

Heating

Forced Air, Natural Gas

Cooling

Ceiling Fan(s), Central Air

Basement

8 ft + Pour, Full, Sump Pump, Unfinished

Appliances

Dishwasher, Disposal, Free-Standing Electric Range, Refrigerator, Washer/Dryer Stacked, Electric Water Heater

Flooring

Carpet, Laminate, Wood

Style

Historic, Low/1-2

Schools

School district

St. Louis City

Elementary

Adams Elem.

Middle

Elias Michael Elem.

High

Vashon High

Location