St Louis, MO 63104,1851 S 10th ST
St Louis, MO 63104,1851 S 10th ST
St Louis, MO 63104,1851 S 10th ST
St Louis, MO 63104,1851 S 10th ST
St Louis, MO 63104,1851 S 10th ST
St Louis, MO 63104,1851 S 10th ST
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$ 499,000
Est. payment | /mo

2,866 Sqft Lot


Save
$ 499,000
Est. payment | /mo
Save

2,866 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi-Family 2-4

Listing Status Pending

Purchase Type For Sale

Subdivision City/St Louis

MLS Listing ID 24047151

Construction Status 144

Year Built 1880

Building Age 144

Lot Size 2,866 Sqft

Acres 0.0658

Lot Dimensions 14x114

Property Description

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.

Location

State MO

County St Louis City

Area Central East

Interior

Heating Forced Air

Cooling Electric

Fireplace N

Exterior

Parking Type On Street

Building

Sewer Public Sewer

Water Public

Construction Status 144

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 Cash Only, Conventional, Exchange, FHA

Listing Terms Cash Only, Conventional, Exchange, FHA

Special Listing Condition None

Listed by Anthony Klier • The Agency
advisor-avatar

+1(417) 650-5364

ramseystewart1@gmail.com

716 N 22nd St, Ozark, MO, 65721

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