4981 Rosalie Street, St. Louis, MO, is a 16-unit, 2-story L-shaped apartment Building with a rich history, constructed in 1928. All 16 units are 1-bedroom, 1-bath with rear door access to a private level fenced yard. The units are approximately 600 SF with tall 8+ Ft ceilings. Currently, 9 units are rented (56%), with 7 vacant units. Kitchens are complete with gas stoves/ranges and refrigerators. Some units have central air/heat, and others have window units. Tenants pay for Natural Gas and Electric. Each apartment has 100 AMP electric service. Most windows have been replaced with aluminum replacement windows. Some vacant units require minor cosmetic work, while others need more extensive renovations. Monthly rents are $595-$620. Proforma Net Operating Income is $89,132 with all units occupied, a promising figure. This property has much upside; according to “RentoMeter.com” in this neighborhood, the average rent for a similar-sized apartment is $706.
Lot & Building Features
ConstructionBrick
CoolingElectric, Window Unit(s)
Heat SourceGas
HeatingForced Air
Parking DescriptionOn Street
SewerPublic Sewer
Tax Year2023
WaterPublic
Lot Dimensions124X130 ft
Community and Schools
Elementary SchoolHickey Elem.
Junior High SchoolYeatman-Liddell Middle School
Senior High SchoolVashon High
Price History of 4981 Rosalie Street, St Louis, MO
Date
Name
Price
Difference
09/12/2024
Price Adjustment
$1,100,000
7.44%
06/05/2024
Listing Price
$1,188,425
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
4981 Rosalie Street (MLS #24035805) is a multi-family listing located in St Louis, MO.
This multi-family listing is 11,548 sqft and on a lot of 16,226 sqft (or 0.37 acres) and is 96 years old. This property was listed on 06/05/2024 and has been priced for sale at $1,100,000.
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Listing information courtesy of: Cardinal Realty Group
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