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Lynne Hart

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

$1,390,000

Est. payment - /mo

9,990 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 Family or More

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 9,990 sqft

Price per Sqft $139

Subdivision Ludlows Add

MLS Listing ID 26072239

Style Apartment Style,Historic,Mid-Rise 3or4 Story

Year Built 1907

Annual Tax Amount $9,347

Lot Size 8,167 Sqft

Acres 0.1875

Property Sub-Type 5 Family or More

Property Description

LOOK: Gorgeous Building + Beautiful Cash Flow! Built in 1907, this 3-story, historic beauty offers over 9,990 sq ft of living space across 9 fully occupied, market-rate apartments. Each spacious unit (~1,110 sq ft) includes modern kitchens equipped with a dishwasher, stove, and refrigerator; updated bathrooms; large, private balconies; and dedicated basement storage lockers. Highlights include 6 Style-1 layouts and 3 Style-2 layouts, plus potential for a 10th unit or property management office in the former basement boiler room (already outfitted with two egress points and windows). The property was lovingly renovated in 2019–2020 with an eye for retaining its original historic charm, which tenants love - think decorative fireplaces, historic millwork, wood floors, and french doors! Upgrades feature comprehensive HVAC and water heater updates, a new sewer lateral, replacement of all 3 main plumbing stacks, full bathroom refreshes, and modernized kitchens. Additional enhancements included adding in-unit laundry, refurbished front historic windows, new rear vinyl windows, full interior/exterior repainting, masonry tuckpointing, roof resurfacing, gutter upgrades, and balcony/fire escape safety improvements. Professionally managed with an OUTSTANDING 0.81% VACANCY RATE over the past 2+ years. Don't miss this rare, high-performing property!

Location

State MO

County St Louis City

Area 2 - Central East

Rooms

Basement Egress Window, Full, Storage Space, Unfinished, Walk-Out Access

Interior

Interior Features Ceiling Fan(s), Historic Millwork, Natural Woodwork, Special Millwork, Storage, Tub

Heating Gas

Cooling Central Air

Flooring Hardwood, Vinyl

Fireplaces Number 9

Fireplaces Type Decorative

Fireplace Y

Appliance Dishwasher, Gas Oven, Range Hood, Refrigerator, Washer/Dryer Stacked, Gas Water Heater

Laundry In Unit

Exterior

Exterior Feature Balcony

Fence Other, Wrought Iron

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

Roof Type Flat

Building

Water Public

Structure Type Brick

Schools

Elementary Schools Shenandoah Elem.

Middle Schools Long Middle Community Ed. Center

High Schools Roosevelt High

School District St. Louis City

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Standard

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Listed by Riahna Kastner • St. Louis Real Estate Society

Nearby School & Business

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Lynne Hart

+1(314) 324-6907

Agent License ID: 2015021561

2606-2608 Louisiana AVE St Louis, MO 63118

Lynne Hart

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information