1423 N 2nd St
St Charles, MO 63301

Description

Est. 1900: BACK ON MARKET because buyer couldn't get loan! NO RESIDENTIAL LOANS - buyer must be cash or preapproved for mixed use or investment loan. Investor opportunity in St. Charles City's Frenchtown business district. Frenchtown poised to increase in value with city's new revitalization focus for the neighborhood. 1st floor rented as art studio $600/mon, month to month with tenant who will sign a lease and stay but could also vacant. Building could bring in $1400 today, or $1500/month with limited updates. Mixed use, main floor is commercial, currently 3 room art studio with half bath plus room with water for future sink or laundry. 2nd floor 1 bedroom/1 bath apartment. Basement access from both units. Alley parking pad for 4, backyard shed for storage, covered front porch. Building next door just purchased - will be renovated into 6 rental units. Most of this lot is located in the 500 year flood plain but owner does not pay FEMA insur. SELLER TO MAKE NO REPAIRS, SELLING AS-IS.

Details

MLS#19019695
StyleHouse
Sub-TypeResale
StatusPending - Show
Year1900
Days On Site85

Features

Bed(s)1
Bath(s) 1 Full, 1 Half
SQ Feet1,314
Story(s)1.5 Story
Acreage0.13

Market Activity 63301

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Area Information

StateMO
CountySt Charles
CitySt Charles
Zip Code63301
AreaSt. Charles
Community NameFrenchtown
School DistrictSt. Charles R-VI
Elementary SchoolCoverdell Elem.
Middle SchoolJefferson / Hardin
High SchoolSt. Charles High
Listing VS Median (in Frenchtown)
Price:
$124,900
low | high
Med:
$274,950
70.13610888711% of Average
SqFt:
1,314
low | high
Med:
2,589
46.993911719939% of Average
$ / SqFt:
$95
low | high
Med:
$103
42.128178338684% of Average
On Site:
85
low | high
Med:
50.500000
100% of Average
Listing Updated: 08/24/2019
MLS Number: 19019695
Listing Provided By:
Karen Goodman  of  Circa Properties