Multi-Family for Sale: 1005 Allen Avenue, St Louis, MO 63104 SOLD
$583,000
$583,000
1005 Allen Avenue,
St Louis, MO 63104 SOLD
$583,000
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Selling Price: $583,000
Original List Price: $610,000
Sold at 95.6% of list price
Sold Date: 06/25/2024
Type Multi-Family
Lot Size 0.08 acres
Year Built 1885
Taxes Paid $3,394
City St Louis
Area Central East
County St Louis City
School District St. Louis City
Subdivision Allens Add
MLS 24017733
Status Closed
DOM 49 days
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
Cooling Electric
Heat Source Gas
Heating Forced Air
Parking Description Other
Sewer Public Sewer
Tax Year 2022
Water Public
Lot Dimensions 25 x 140 ft
Community and Schools
Elementary School Sigel Elem. Comm. Ed. Center
Junior High School Fanning Middle Community Ed.
Senior High School Roosevelt High
Price History of 1005 Allen Avenue, St Louis, MO
Date | Name | Price | Difference |
---|---|---|---|
03/25/2024 | Price Adjustment | $583,000 | 4.43% |
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. |
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