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
CoolingElectric
Heat SourceGas
HeatingForced Air
Parking DescriptionOn Street
SewerPublic Sewer
Tax Year2023
WaterPublic
Lot Dimensions14x114 ft
Community and Schools
Elementary SchoolSigel Elem. Comm. Ed. Center
Junior High SchoolFanning Middle Community Ed.
Senior High SchoolRoosevelt 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
$485,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
12851 Manchester Rd, Suite 100 Saint Louis, MO 63131 314-775-2050
Listed by The Agency, Anthony Klier
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20%
0.43807615230461%
6.75%
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$
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Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
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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.
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.
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Listing information courtesy of: The Agency
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