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Key Details
Sold Price $584,217
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 7,732 sqft
Price per Sqft $75
Subdivision Allens Add
MLS Listing ID 26052851
Sold Date 10/30/26
Style Historic
Year Built 1893
Annual Tax Amount $2,675
Lot Size 5,397 Sqft
Acres 0.1239
Property Sub-Type 2-4 Units
Property Description
100% LEASED | FULLY FURNISHED | HISTORIC SOULARD. A turnkey 3-unit income package - 926 Allen Avenue, the historic brick rowhouse - offered individually at $635,000. Gut-renovated in 2018 (new HVAC, electric, plumbing and roof). Unit mix: one 2BR/1BA at $2,000/mo plus two furnished 1BR/1BA at $1,950/mo each - $5,900/mo, $70,800/yr scheduled. This property HAS OFF STREET PARKING in the rear (extremely rare for Soulard). The furnished units are leased to traveling nurses and corporate professionals whose rent is paid by employer housing stipends: premium rents with a zero-collection-loss track record. Every home delivers in-unit laundry, updated kitchens, hardwood floors, central air and private decks/patio, plus off-street parking and basement storage. THE UPSIDE: SSM Health SLU and BJC/Barnes-Jewish hospitals are minutes away (endless travel-nurse demand), and Soulard has virtually NO hotels - so these turnkey furnished units can flip to short-term/Airbnb on day one (seller has never operated STR). Walk to McGurk's, Molly's, the Farmers Market and the Anheuser-Busch Brewery in St. Louis's most walkable, Mardi Gras-famous neighborhood. Also available as part of the full 922-926 Allen 7-unit package.
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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Bought with Justin Taylor
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