2416 S 13th St
St Louis, MO 63104

Description

Located on a quiet street in Historic Soulard, this well maintained 3 family is ready for the discerning investor. Facing the building the right side is a 2.5 story townhome owner occupied & completely updated with new kitchen, (granite, new appliances, etc.) new baths with one killer full bath with luxury walk-in shower with multiple heads & body jets, new carpet, etc. There is also a studio apartment with 1 bath currently used as a guest suite that could be rented for $500 per month. The left side has a 1st floor 1 bed, 1 bath unit that is completely updated, kitchen, bath, & laundry renting for $1000 per month. The 2nd & 3rd floor is a 2 bed, 1 bath unit whose bath is updated with in-unit laundry renting for $950 per month. The majority of all systems have been replaced. There is a huge deck, brick patio, and an oversized 3 car garage with porch enjoyed by the owner. Fully leased, you have a cap rate over 7.42%. This is a rare opportunity to own a very desirable investment.

Details

MLS#19031664
Sub-TypeResale
StatusPending - Show
Year1886
Days On Site50

Features

SQ Feet5,148
Units3
Building(s)1

Market Activity 63104

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Area Information

StateMO
CountySt Louis City
CitySt Louis
Zip Code63104
AreaCentral East
Listing VS Median (in 63104)
Price:
$569,000
low | high
Med:
$280,000
100% of Average
SqFt:
5,148
low | high
Med:
3,456
82.867132867133% of Average
$ / SqFt:
$111
low | high
Med:
$81
76.698886936145% of Average
On Site:
50
low | high
Med:
23
100% of Average
Listing Updated: 06/19/2019
MLS Number: 19031664
Listing Provided By:
Creighton Brinson  of  RE MAX Gold V