$583,000
$595,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
1005 Allen AVE St Louis, MO 63104
3,528 Sqft Lot
Key Details
Sold Price $583,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Subdivision Allens Add
MLS Listing ID 24017733
Sold Date 06/25/24
Construction Status 139
Year Built 1885
Building Age 139
Lot Size 3,528 Sqft
Acres 0.081
Lot Dimensions 25 x 140
Property Description
This Soulard 3family is fully renovated and the ultimate house hack or cash-cow investment property. There is a detached single family 2bed/2bath house in the back of the parcel that currently brings in $1835/month. The duplex in the front of the parcel brings in $2095/month for the 3bed/2bath unit up top and $1150/month for the 1bed/1bath on the main level. Currently this property brings in $5,080/month in rents. If you lived in the 1bedroom unit, you could potentially live with $0 in living expenses + only have to manage 2 tenants and create long term wealth. This property is located in the heart of Soulard, right next to Dukes. This property offers the best walkability in St Louis, walkable to over 25 bars, restaurants and coffee shops. Achieve ultimate cashflow by AirBnBing some of the units or furnish them and rent them to Saint Louis University nurses.
Location
State MO
County St Louis City
Area Central East
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Building
Sewer Public Sewer
Water Public
Construction Status 139
Schools
Elementary Schools Sigel Elem. Comm. Ed. Center
Middle Schools Fanning Middle Community Ed.
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition None
Read Less
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Bought with Sarah Hutchinson