Sold
1851 S 10th Street
St Louis MO, 63104
N/A
Sold
Multi-family
Built in 1880
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.
24047151
MLSⓇ ID
July 29, 2024
Listed
February 24, 2025
Updated
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Electric
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.07 Acres
Sewer
Public Sewer
School Information
School District
St. Louis City
High School
Roosevelt High
Elementary School
Sigel Elem. Comm. Ed. Center
Other Property Details
Area Name
Central East
Taxes
$2,186
Tax Frequency
Annually
Days on Market
53
Garage
No
Parking
On Street
View
No
County
St Louis City
Municipality
St. Louis City
Water Source
Public
Listing History
Date | Event | Price |
---|---|---|
11/11/2024 | Sold | — |
9/20/2024 | Pending | — |
9/5/2024 | Price change | $499,000 2% |
9/5/2024 | Active | — |
7/31/2024 | Under contract | — |
7/29/2024 | Active | — |
Courtesy of The Agency, Anthony Klier
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