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Lynne Hart

lynne@saintlouisrealestate.co +1(314) 324-6907

$127,000

Est. payment - /mo

1,820 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 1,820 sqft

Price per Sqft $69

Subdivision Eiler Add

MLS Listing ID 26030667

Style Historic

Year Built 1870

Annual Tax Amount $496

Lot Size 6,625 Sqft

Acres 0.1521

Property Sub-Type 2-4 Units

Property Description

Secure an income producing asset with deep roots in the Carondelet market. This circa 1870's two-family residence offers a rare combination of historic character and long-term stability, having been meticulously maintained by the same family for over 100 years. Perched on a hilltop, the property provides unique Mississippi River views and a commanding presence that sets it apart from standard inventory. For the investor looking to scale or solidify a portfolio, the operational setup is turnkey. The property features two 1-bedroom units designed for maximum efficiency. One unit is currently occupied by a month-to-month tenant, ensuring immediate cash flow from day one. The second unit is vacant and move-in ready, allowing for immediate market-rate leasing or a value-add refresh to further drive NOI. This is a clean, well-preserved building that reflects a century of pride in ownership. It offers the structural integrity of a legacy asset with the flexibility to modernize and capture higher rents. To streamline the transaction, the seller prefers an "As-Is" sale on a Special Sales Contract. Capitalize on this rare opportunity to acquire a historic income-producer with an unbeatable vantage point.

Location

State MO

County St Louis City

Area 3 - South City

Rooms

Basement Cellar, Other, Partial, Unfinished, Walk-Up Access

Interior

Heating Forced Air, Natural Gas

Cooling None

Fireplace N

Exterior

Parking Features false

View Y/N No

Roof Type Asphalt

Building

Story 2

Water Public

Level or Stories Two

Structure Type Vinyl Siding

Schools

Elementary Schools Woodward Elem.

Middle Schools Lyon-Blow Middle

High Schools Roosevelt High

School District St. Louis City

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, Other

Listing Terms 1031 Exchange, Cash, Conventional, Other

Special Listing Condition Listing As Is

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Listed by Jonathan Miller • Compass Realty Group

Nearby School & Business

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Lynne Hart

+1(314) 324-6907

Agent | License ID: 2015021561

Agent License ID: 2015021561

6217 Minnesota AVE St Louis, MO 63111

Lynne Hart

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information