2,706 SqFt
2,706 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,706 sqft
Price per Sqft $194
Subdivision Allens Add
MLS Listing ID 26013276
Style Other
Year Built 1885
Annual Tax Amount $3,029
Lot Size 2,443 Sqft
Acres 0.0561
Property Description
The property is fully occupied and currently generates $4,650/month in rental income ($55,800 annually). The front duplex consists of a 1 bed / 1 bath unit currently rented for $1,100/month and a 2 bed / 2 bath unit currently rented for $1,450/month. In the rear of the parcel sits a beautifully updated 2 bed / 1.5 bath single-family home currently leased for $2,100/month.
Between the two buildings is a private courtyard/backyard space, creating a unique separation between the properties and a great outdoor area rarely found in city investments. The rear single-family home feels like a true architectural showpiece, featuring high-end finishes and modern design throughout.
The flexibility of this property is what makes it so special. An owner-occupant could live in the high-end rear home while the duplex in front produces over $2,500/month in rental income, potentially covering a large portion of the mortgage. Investors could also explore short-term rental potential, with AirDNA projections suggesting over $4,000/month per unit in possible Airbnb income.
Located just steps from Duke's, which offers a free shuttle to Cardinals, Blues, STL City SC games, and major downtown concerts, plus all the restaurants, bars, and nightlife that make Soulard one of the most vibrant neighborhoods in St. Louis.
The property is fully occupied, preapproval/ proof of funds required to schedule a tour.
Location
State MO
County St Louis City
Area 2 - Central East
Interior
Heating Forced Air, Natural Gas
Cooling Central Air, Electric
Fireplace N
Appliance Gas Water Heater
Exterior
Parking Features false
View Y/N No
Building
Water Public
Structure Type Brick
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 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
Nearby Locations
"My job is to help you find the home that fits your needs best and negotiate the perfect deal for you!"
1100 Town and Country Crossing Dr, Town and Country, MO, 63017, USA