4001 Hartford St - 4 Family with in unit laundry
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4001 Hartford St - 4 Family with in unit laundry
4 Unit Apartment Building Offered at $750,000 at a 6.36% Cap Rate in Saint Louis, MO 63116
Investment Highlights
- Located just one block from Tower Grove Park
- Renovated in 2023
- opportunity for both investors and owner-occupants
Executive Summary
All units have been fully renovated in 2023 with freshly refinished hardwood floors, updated kitchens & bathrooms + in-unit laundry—an amenity tenants will love. Renovated in 2023, these new systems should make ownership a breeze. Updated electrical & plumbing, new HVAC & new roof. Huge back yard & parking pad for four cars.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$59,400
|
$13.65
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$59,400
|
$13.65
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$11,716
|
$2.69
|
| Net Operating Income |
$47,684
|
$10.96
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $59,400 |
| Annual Per SF | $13.65 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $59,400 |
| Annual Per SF | $13.65 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $11,716 |
| Annual Per SF | $2.69 |
| Net Operating Income | |
|---|---|
| Annual | $47,684 |
| Annual Per SF | $10.96 |
Property Facts
| Price | $750,000 | Lot Size | 0.22 AC |
| Price Per Unit | $187,500 | Building Size | 4,352 SF |
| Sale Type | Investment | Average Occupancy | 75% |
| Cap Rate | 6.36% | No. Stories | 2 |
| No. Units | 4 | Year Built/Renovated | 1912/2023 |
| Property Type | Multifamily | Parking Ratio | 0.92/1,000 SF |
| Apartment Style | Garden |
| Price | $750,000 |
| Price Per Unit | $187,500 |
| Sale Type | Investment |
| Cap Rate | 6.36% |
| No. Units | 4 |
| Property Type | Multifamily |
| Apartment Style | Garden |
| Lot Size | 0.22 AC |
| Building Size | 4,352 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built/Renovated | 1912/2023 |
| Parking Ratio | 0.92/1,000 SF |
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Heating
- Ceiling Fans
- Crown Molding
- Kitchen
- Hardwood Floors
- Stainless Steel Appliances
- Tub/Shower
- Basement
- Lawn
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $1,200 | - |
1 of 1
Walk Score ®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 5060-05-0220-0 | Improvements Assessment | $25,840 |
| Land Assessment | $5,110 | Total Assessment | $30,950 |
PROPERTY TAXES
Parcel Number
5060-05-0220-0
Land Assessment
$5,110
Improvements Assessment
$25,840
Total Assessment
$30,950
zoning
| Zoning Code | Residential B (Residential B) |
| Residential B (Residential B) |
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4001 Hartford St - 4 Family with in unit laundry
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