Rock Island Realty

1019 Allen Avenue

St Louis, MO 63104

MLS#: 23006944

$1,574,500

Status: Closed
Listing number: 23006944
Listing provided by: The Agency
Listing agent phone: None
Last update: N/A
On site: N/A
Browse Properties
Allens/Russell - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1901

Sq.Footage

7,680

This 10 unit trophy asset is located in the heart of Soualrd and at the center of St. Louis's world famous Mardi Gras. Most units have been beautifully renovated within the last year and occupancy is currently at 100%. The property currently brings in over $10,000/m in income and most rents are under market value. All 10 units could be used as short-term-rentals to maximize income (there are zero hotels in Soulard). Soulard is popular among St Louis University students, Anheuser-Busch employees, people that work downtown and the entire younger demographic that enjoys A+ walkability and nightlife. Soulard is booming with tons of development activity, almost no commercial vacancies + still has all of the famous bars and restaurants everyone loves. Dukes bar is directly catty-corner and has a shuttle that goes to & from every Blues + Cardinals game (~5 min drive). The unit mix includes one 2b2b, two 2b1.5b, one 1.5b1b, four 1b1b, two studios.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    7680.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Electric, Gas, Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Stone Veneer, Brick Veneer

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.092

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $1,574,500

  • Tax Amount

    $6,092

  • Sq. Footage

    7, 680

  • Price/SqFt

    $205

HOA

  • Association

    No

School District

  • Elementary School

    Sigel Elem. Comm. Ed. Center

  • Middle School

    Fanning Middle Community Ed.

  • High School

    Roosevelt High

Property Features

  • Association Amenities

    Recreation Facilities

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

St Louis City-MO

Elementary School

Sigel Elem. Comm. Ed. Center

Middle School

Fanning Middle Community Ed.

High School

Roosevelt High

Listing Courtesy of Anthony M Klier , The Agency

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This 10 unit trophy asset is located in the heart of Soualrd and at the center of St. Louis's world famous Mardi Gras. Most units have been beautifully renovated within the last year and occupancy is currently at 100%. The property currently brings in over $10,000/m in income and most rents are under market value. All 10 units could be used as short-term-rentals to maximize income (there are zero hotels in Soulard). Soulard is popular among St Louis University students, Anheuser-Busch employees, people that work downtown and the entire younger demographic that enjoys A+ walkability and nightlife. Soulard is booming with tons of development activity, almost no commercial vacancies + still has all of the famous bars and restaurants everyone loves. Dukes bar is directly catty-corner and has a shuttle that goes to & from every Blues + Cardinals game (~5 min drive). The unit mix includes one 2b2b, two 2b1.5b, one 1.5b1b, four 1b1b, two studios.

1019 Allen Avenue

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