Saint Louis, MO 63116

$1,250,000
MLS #/Web ID: 18018266
18018266

Multi-Family Home for sale in Saint Louis, MO

for $1,250,000. This home was built in 1929 on a lot size of 0.3970 Acre(s).

Property Information

  • $1,250,000
  • Multi-Family
  • Taxes are $10,692
  • Active
  • Lot size of 0.3970 Acre(s)
  • Built in 1929
  • Saint Louis, MO
  • Saint Louis City County
  • MLS/Web ID is 18018266

Description

Back on market to no fault of sellers. Beautiful building from late 1920's, stone and blonde brick building, just down the street from the renovated Bevo Mill! Property has been rehabbed including updates to roof, kitchens, baths; and all of the systems are electric for ease of management. Do not miss out on this turn key property. There are a total of 33 units, with the possibility of adding two additional units for future growth. Units consist of 18 large efficiencies, 9 2br and 6 1br units. Average rents are low for the area, offering future rent growth. All showings must show proof of funds for down payment. Please do not tour property without agent present.

Interior 5

Cooling System

  • Electric Cooling
  • Wall Unit(s)

Heating Source

  • Electric

Heating System

  • Forced Air
  • Hot Water Heater: Electric

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 3

Construction

  • Brick/Stone

Lot Description

  • City/Village

Parking

  • On Street Parking

Miscellaneous 2

Commercial

  • Sale Includes Building & Land

Utilities

  • Cable TV Available

Rental 1

Tenant Pays

  • Cable
  • Electric
  • Trash

† Excluded Feature

Neighborhood & Schools

School District: St. Louis City
Elementary School: Oak Hill Elem.
Middle School: Long Middle Community Ed. Center
High School: Roosevelt High

Listed By

Listing Agent: Kenneth J Wedberg
Broker: REALTY EXCHANGE

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Market Pricing

Average % of sale price Median % of sale price
All listings in Saint Louis $280,395 78 % below $200,000 84 % below
Multi-family listings in Saint Louis $263,705 79 % below $177,000 86 % below

Get the facts about Saint Louis, MO!

Population 319,575
Population Growth (since 2000) -8 %
Median Income $36,381
Median Age 35.37
Households w/ Children 21 %

Residential Dwellings

  • Owned 64888
  • Vacant 31943
  • Rented 78308

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