4731-4737 Alaska, St Louis
$659,900 - 8,000 Sf
MLS® # 25057610
4615 Virginia Avenue, St Louis
$775,000
0 Bed
0 Bath
5,800 Sqft
.13 Acre
0 Garage
Turnkey 8-family investment opportunity! This fully renovated apartment building offers immediate cash flow with the major capital improvements already completed, allowing a new owner to focus on maximizing returns instead of costly renovations. The property features four 1-bedroom units and four 2-bedroom units with extensive renovations completed throughout 2023-2025. Every apartment has been updated with modern finishes including new flooring, fresh paint, updated kitchens with new countertops, sinks, faucets and appliances, renovated bathrooms, new lighting, doors, trim, blinds, and updated electrical devices. Major mechanical improvements include new through-wall A/C units and seven new furnaces, providing long-term reliability and reduced maintenance. The common areas have also been completely refreshed with new carpet, LVP flooring, stair treads, updated lighting, professionally restored railings, cleaned basement, tenant storage areas, washer/dryer hookups, and an owner storage room. Exterior improvements include a newer roof (2022), exterior lighting, landscaping improvements, and off-street parking for approximately five vehicles. Current annual gross rental income is approximately $80,880 with professional property management already in place. Operating expenses are well documented, making underwriting simple for investors. This is an ideal acquisition for buyers seeking a stabilized, low-maintenance multifamily asset with significant recent capital improvements and long-term appreciation potential. The property is fully occupied so showings are with an accepted contract.
Essential Information
MLS® #26041459
Price$775,000
Bathrooms0.00
Square Footage5,800
Acres0.13
Year Built1963
TypeResidential Income
Sub-Type5 Family or More
StyleHistoric
StatusActive
Community Information
Address4615 Virginia Avenue
Area3 - South City
SubdivisionLouisiana Heights Add
CitySt Louis
CountySt Louis City
StateMO
Zip Code63111
Amenities
GaragesAsphalt, Parking Pad
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Interior
HeatingForced Air, Natural Gas
CoolingWall Unit(s)
Has BasementYes
Basement8 ft + Pour, Walk-Up Access
Appliances
Stainless Steel Appliance(s), Dishwasher, Electric Oven, Refrigerator
Exterior
Lot DescriptionLevel
RoofFlat
ConstructionBrick
School Information
DistrictSt. Louis City
ElementaryWoodward Elem.
HighRoosevelt High
Middle
Long Middle Community Ed. Center
Listing Details
OfficeMogul Realty
LISTING MAP
Properties for Sale Similar to 4615 Virginia Avenue, St Louis, MO
Information from Third Parties, Deemed Reliable but Not Verified.
Listings displaying the MARIS logo are courtesy of Mid America Regional Information Systems Internet Data Exchange.
