See all 32 photos
32 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$795,000
Est. payment /mo
4,946 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,946 sqft
Price per Sqft $160
Subdivision Soulard
MLS Listing ID 26065791
Style Historic
Year Built 1906
Annual Tax Amount $1,848
Property Sub-Type 2-4 Units
Property Description
LIVE IN ONE. COLLECT AN ESTIMATED $4,987 A MONTH FROM THE OTHER THREE. This fully gut-rehabbed Soulard four-family offers projected fully leased rent of $6,637 per month—$79,644 annually. Two units are already leased at $1,650 and $1,687 per month; the other two are vacant and projected at $1,650 each. Depending on financing, income from three units could cover mortgage principal and interest while you occupy the fourth. Taxes, insurance and other ownership expenses remain additional. All four residences are 2-bedroom, 1-bath, with new A/C, furnaces, water heaters, roof, appliances, kitchens and baths. New major systems can mean fewer repair calls, fewer contractor visits and lower near-term maintenance costs, helping protect your cash flow and making self-management more practical. Quartz counters, stainless appliances, matte black fixtures, wide-plank flooring and marble-look tile complement the original exposed brick. Planned gated asphalt parking and a resident turf area add to the offering. A 93 Walk Score places Soulard dining, coffee shops and entertainment close by. Projected income assumes lease-up at the stated rents.
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
Read Less Info
Listed by Anthony Klier • The Agency
Nearby School & Business
Get More Information