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Stephanie Muhlenfeld

smuhlenfeld@gmail.com +1(314) 597-7494

$ 550,000

Est. payment | -/mo

2,355 SqFt

Save

$ 550,000

Est. payment | -/mo

Save

2,355 SqFt

Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 2,355 sqft

Price per Sqft $233

Subdivision Soulard

MLS Listing ID 26069579

Style Historic,Traditional

Year Built 1885

Annual Tax Amount $4,446

Lot Size 4,430 Sqft

Acres 0.1017

Property Sub-Type 2-4 Units

Property Description

Why just buy a home when you could buy an investment, too? This Soulard 4-family offers a great opportunity to own income-producing real estate while keeping your own housing costs in check. Live in the vacant two-bedroom unit and let the rent from the other three apartments help pay your mortgage. Or rent out all four and add another income-producing property to your portfolio! The three one-bedroom apartments are already occupied, so you'll have rental income coming in from day one. Each features a living room, dining area, kitchen, full bath and private bedroom, plus there's coin-operated laundry in the basement. The vacant two-bedroom apartment has its own rear entrance and a townhome-style layout, with a living room, kitchen and half bath on the main level and two bedrooms, a full bath and laundry hookups upstairs. Outside, you'll find off-street parking for four cars, covered decks and a generously sized fenced yard. And here's a big bonus: the building underwent a complete historic renovation in 2011. Originally built in 1885, it has all the character you'd expect from a historic Soulard property without the outdated electrical and plumbing systems that can make older buildings a headache. Plus it got a new roof in 2021! The location is another major selling point. McGurk's, Tucker's, Molly's and countless other neighborhood restaurants, shops and local favorites are all just a short walk away. It's the kind of location that makes Soulard so desirable for renters and owners alike. Whether you're ready to take your first step into investment real estate, want to live more affordably by having tenants help cover your expenses, or are looking to grow your rental portfolio, this property gives you plenty of options. And don't get buried in the Zillow shuffle! Contact me, the listing agent, directly to schedule your private tour.

Location

State MO

County St Louis City

Area 2 - Central East

Rooms

Basement Full

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Exterior

Parking Features false

View Y/N No

Building

Water Public

Level or Stories Two and a Half

Structure Type Brick

Schools

Elementary Schools Shenandoah Elem.

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

Listed by Jenifer Garcia • Garcia Properties

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(314) 597-7494

smuhlenfeld@gmail.com

Learn More About LPT Realty

2208 S 11th ST St Louis, MO 63104