2018 S 9th Street
Property Description
LIVE IN ONE. COLLECT AN ESTIMATED $4,987 A MONTH FROM THE OTHER THREE. This fully gut-rehabbed Soulard four-family offers projected fully leased rent of $6,637 per month-$79,644 annually. Two units are already leased at $1,650 and $1,687 per month; the other two are vacant and projected at $1,650 each. Depending on financing, income from three units could cover mortgage principal and interest while you occupy the fourth. Taxes, insurance and other ownership expenses remain additional. All four residences are 2-bedroom, 1-bath, with new A/C, furnaces, water heaters, roof, appliances, kitchens and baths. New major systems can mean fewer repair calls, fewer contractor visits and lower near-term maintenance costs, helping protect your cash flow and making self-management more practical. Quartz counters, stainless appliances, matte black fixtures, wide-plank flooring and marble-look tile complement the original exposed brick. Planned gated asphalt parking and a resident turf area add to the offering. A 93 Walk Score places Soulard dining, coffee shops and entertainment close by. Projected income assumes lease-up at the stated rents.
Broker Details
The Agency (314) 280-9996
MLS ID: ANTKLIER State License Number: 2022012991
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $795,000 |
| No. of Units: | 4 |
| Year Built: | 1906 |
| Lot Size: | 4,946.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $198,750 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-MARISMO-26065791
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