This Soulard 3family is fully renovated and the ultimate house hack or cash-cow investment property. There is a detached single family 2bed/2bath house in the back of the parcel that currently brings in $1835/month. The duplex in the front of the parcel brings in $2095/month for the 3bed/2bath unit up top and $1150/month for the 1bed/1bath on the main level. Currently this property brings in $5,080/month in rents. If you lived in the 1bedroom unit, you could potentially live with $0 in living expenses + only have to manage 2 tenants and create long term wealth. This property is located in the heart of Soulard, right next to Dukes. This property offers the best walkability in St Louis, walkable to over 25 bars, restaurants and coffee shops. Achieve ultimate cashflow by AirBnBing some of the units or furnish them and rent them to Saint Louis University nurses.
Lot & Building Features
CoolingElectric
Heat SourceGas
HeatingForced Air
Parking DescriptionOther
SewerPublic Sewer
Tax Year2022
WaterPublic
Lot Dimensions25 x 140 ft
Community and Schools
Elementary SchoolSigel Elem. Comm. Ed. Center
Junior High SchoolFanning Middle Community Ed.
Senior High SchoolRoosevelt High
Price History of 1005 Allen Avenue, St Louis, MO
Date
Name
Price
Difference
03/25/2024
Price Adjustment
$595,000
2.46%
03/25/2024
Listing Price
$610,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
1005 Allen Avenue (MLS #24017733) is a multi-family listing located in St Louis, MO.
This multi-family listing is on a lot of 3,528 sqft (or 0.08 acres) and is 139 years old. This property was listed on 03/25/2024 and has been priced for sale at $595,000.
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