This Soulard 3-family comes with a duplex in the front of the parcel AND a single-family house in the rear of the parcel (3 units, 2 buildings) — giving you two properties for the price of one in one of St. Louis’ most desirable and walkable neighborhoods. The property… Read More 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. Read Less
Listing courtesy of The Agency, 314-677-1477.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Residential Income
Square Ft.
2,706
Lot Size
0.06 Acres
Year Built
1885
MLS Number
26013276
Additional Details
Appliances & Equipment
"Gas Water Heater"
Building
Above Grade Finished Area: 2706 Sq.Ft., Above Grade Finished Area Source: Assessor, Architectural Style: "Other", Construction Materials: "Brick", Living Area: 2706 Sq. Ft., Number Of Units Total: 3, Year Built: 1885
Community
Neighborhood: Soulard
Cooling
Cooling: "Central Air", "Electric"
Disclosures
Disclosures: "Unknown"
Heating
Heating: "Forced Air", "Natural Gas"
Home Owner's Association
Fee: 0
Income
Net Operating Income: 39360
Lot
Lot Size Acres: 0.0561, Lot Size Square Feet: 2443.72 Sq.Ft.
Taxes
Annual Tax Amount: 3029, Tax Year: 2022
Utilities
Water Source: "Public"
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