4981 Rosalie Street

St Louis, MO 63115

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.

Listing courtesy of Cardinal Realty Group


Based on information submitted to the MLS GRID as of 2024-10-06 06:20 AM 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.