4731-4737 Alaska

St Louis, MO 63111

1 Unit available to show for a limited time! 8 Unit Package in 2 separate 4 family buildings, being sold at a 9% cap rate. 100% turnkey and generating a NOI of $64k, these buildings have a little something for anyone seeking cashflow! Two 2 bd Units, Six 1 bd units, one of which is furnished. A two car garage and a 2 car parking pad are included behind the spacious fenced yards. Stable tenancy is longer term and mostly are at market rates (one exception is a little low). Tenants have been thoroughly vetted and pay electronically and on time. Five Units have Electronic door locks which minimize key management concerns. Tons of updates 2016-2020 include moderately to nicely updated kitchens and baths, new sewers, one new roof, and a new city water line (4735-4737). Forced Air and Central AC in all units. 4735-37 are nearly identical in finishes with new shaker cabinetry, countertops, tile, flooring, stainless steel appliances. 4731-33 are all updated, more modestly but with full kitchens and 4 peice appliance sets, 2 units have clawfoot tubs (2FL) and 2 have tub/shower combos. Photos for all units linked the downloadable supporting docs. Agent has a relationship with ownership, and they are ready to buy thier next building! Two Parcels, Will not sell separately. Video tour available is of the furnished unit. Some furnishings may have changed slightly. Ask your realtor for the supplements which include photos of every unit, a video tour, full financials. and more details.

Listing courtesy of Real Broker LLC


Based on information submitted to the MLS GRID as of 2025-10-16 12:45 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.