Multi-Family for Sale: 1851 S 10th Street, St Louis, MO 63104

$499,000
$499,000
1851 S 10th Street, St Louis, MO 63104
$499,000
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Price:
$499,000
$14,000 - 09/05/2024

Type Multi-Family
Lot Size 0.07 acres
Year Built 1880
Taxes Paid $2,186

City St Louis
County St Louis City
School District St. Louis City
Subdivision City/St Louis

MLS 24047151
Status Active
DOM 40 days
Back on the market no fault to seller, last time this went under contract in 48hrs, call for details ASAP! This property brings in $4,400/month TODAY, much higher rents than any 2-4 unit building in Soulard active for sale. 3 units for sale in Soulard, fully leased. Duplex in the front (1b1b and 2b1.5b) and a carriage house in the back (1b1b). The units are leased for $1900/m, $1350/m and $1150/m. Annualized, the rent roll brings you to $52,800. With 5% vacancy and a 25% expense ratio, the cap rate comes out to 7.76%. Every apartment has IN UNIT WASHER DRYER and stainless steel appliances. The entire property has beautiful, fresh rocked landscaping with weed barriers which means NO GRASS TO BE MOWED and there will only be minimal weeds. With fresh paint inside and out, this property glistens. Located right next to possibly the most famous Mexican restaurants; Chavas AND the new Asian-fusion bar/restaurant; Stews- you are less than 25 yards from 2 of the best restaurants in the city.

Lot & Building Features

Cooling Electric
Heat Source Gas
Heating Forced Air
Parking Description On Street
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 14x114 ft

Community and Schools

Elementary School Sigel Elem. Comm. Ed. Center
Junior High School Fanning Middle Community Ed.
Senior High School Roosevelt High

Price History of 1851 10th Street, St Louis, MO

Date Name Price Difference
09/05/2024 Price Adjustment $499,000 2.89%
07/29/2024 Listing Price $485,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 1851 10th Street, St Louis, MO

Location Map Street View
Photo of Art Vibulakaopun, ABR, AHWD, CSN, GRI, NCC, SRS
Direct: 314-660-2483
Office
12851 Manchester Rd, Suite 100
Saint Louis, MO 63131
314-775-2050
Listed by The Agency, Anthony Klier
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0.43807615230461%
6.75%
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Monthly Taxes
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1851 10th Street (MLS #24047151) is a multi-family listing located in St Louis, MO. This multi-family listing is on a lot of 2,866 sqft (or 0.07 acres) and is 144 years old. This property was listed on 07/25/2024 and has been priced for sale at $499,000.

Nearby zip codes are 62204, 63101, 63102, 63103 and 63118. This property neighbors other cities such as Cahokia Heights and East St Louis.

Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: The Agency

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