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Lynne Hart

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

$395,000

Est. payment - /mo

3,266 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 3,266 sqft

Price per Sqft $120

Subdivision Soulard

MLS Listing ID 26065790

Style Historic

Year Built 1884

Annual Tax Amount $1,030

Property Sub-Type 2-4 Units

Property Description

2 FAMILY IN SOULARD. FULL GUT REHAB. BRAND NEW EVERYTHING. Projected fully leased rent of $3,300 per month—$39,600 annually. Lease both units, or move into one and put an estimated $1,650 per month from the other toward your mortgage and ownership costs. This 1884 brick two-family is undergoing a complete renovation, with expected completion December 1, 2026. Both 2-bedroom, 1-bath units will be delivered vacant. New A/C, furnaces, water heaters, electrical, plumbing, windows, roof, kitchens and baths. With those major replacements addressed, ownership can mean fewer maintenance calls, less money spent on repairs and more rental income staying in your pocket—making the property more practical to manage yourself. Planned finishes include quartz counters, stainless appliances, marble-look tile and in-unit laundry, alongside original exposed brick. Planned rear improvements include gated asphalt parking and a resident turf area. Comparable units in the adjoining renovated four-family are leased at $1,650 and $1,687 per month. A 93 Walk Score puts Soulard restaurants and coffee shops close by. Projected rents assume completion and lease-up. Interior photos coming at completion.

Location

State MO

County St Louis City

Area 2 - Central East

Rooms

Basement Concrete

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Exterior

View Y/N No

Building

Water Public

Structure Type Brick

Schools

Elementary Schools Sigel Elem. Comm. Ed. Center

Middle Schools Fanning Middle Community Ed.

High Schools Roosevelt High

School District St. Louis City

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

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Listed by Anthony Klier • The Agency

Nearby School & Business

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Lynne Hart

+1(314) 324-6907

Agent License ID: 2015021561

2016 S 9th ST St Louis, MO 63104

Lynne Hart

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information