Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1906
Sq.Footage
4,946
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Off Street
-
Pool
No
Area & Lot
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Historic
Price
-
Sales Price
$795,000
-
Tax Amount
$1,848
-
Financing Options
1031 Exchange, Cash, Conventional, FHA, VA Loan
-
Sq. Footage
4,946
-
Price/SqFt
$160
HOA
-
Association
No
School District
-
Elementary School
Sigel Elem. Comm. Ed. Center
-
Middle School
Fanning Middle Community Ed.
-
High School
Roosevelt High
Property Features
-
New Construction
NO
-
Water Source
Public
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Location
County
St Louis City
Elementary School
Sigel Elem. Comm. Ed. Center
Middle School
Fanning Middle Community Ed.
High School
Roosevelt High
Listing Courtesy of Anthony Klier, The Agency
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Broker/Realtor/Sales
Paul Dameron
Call Paul today to schedule a private showing.
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