1916 Menard Street St Louis, MO 63104

10,080 Sqft
4,499 Sqft lot
0.10 Acre lot
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$1,100,000 Est. $4,050 / mo.*
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Status: Active
Property Type: Multi-family 5+
Year Built: 1896
Days on Website: 1

Listing courtesy of The Agency.

Description

This is your chance to own an 8-family masterpiece in the heart of Soulard, directly next to Dukes. Just a block away from the Mardi Gras parade and a stones throw from a shuttle that transports to/ from all St Louis sporting events... this is one of the top locations in St Louis. This property features four 2bed/1.5bath units and four 1bed/1bath units. Currently there is $8,560/month collected in rent. Once all 2beds are leased for $1375 and all 1beds are leased for $1000, then the property brings in $9,500. The 2bed units are over 1000sqft and 2 levels with massive bedrooms. The 1beds have tall ceilings and walk directly out to the fenced in yard. Some units feature beautiful exposed brick. This property is priced to sell at just $137,500/unit. With Anheuser-Busch, one of St Louis largest employers being located in the neighborhood, the seller says he stays near 100% occupied throughout the year. Lots of SLU and A.T. Still U. students choose to live in Soulard. *Fully Occupied*

Open House

Property Details and Features

  • One Bedroom Unit Baths: 1 Per Unit
  • Two Bedroom Unit Baths: 1 1/2 Per Unit
  • Above Grade Finished Area: 10080 Sq.Ft.
  • Above Grade Finished Area Source: Public Records
  • Construction Materials: "Brick"
  • Building Age: 129
  • Number Of Units Total: 8
  • Year Built: 1896
  • Neighborhood: Soulard
  • Cooling: "Electric"
  • Disclosures: "Unknown", "City", "Limited Seller Discl", "Occupancy Perm Req"
  • Heating: "Forced Air"
  • Heating Included
  • Heat Source: Gas
  • Net Operating Income: 61510
  • Features: "Common Laundry"
  • Inclusions: Building & Land
  • Lease Term: Leases
  • One Bedroom Unit Rent: 1000
  • Two Bedroom Unit Rent: 1375
  • Price per Sq.Ft.: $109
  • Transaction Type: Sale
  • Ownership Type: Private
  • Location: City
  • Major Area: Central East
  • Parcel Number: 0667-00-0010-0
  • Subdivision Name: Allnes/Russell
  • Township: St. Louis City
  • Lot Size Acres: 0.1033
  • Lot Size Dimensions: 60 x 75
  • Lot Size Source: County Records
  • Lot Size Square Feet: 4500 Sq.Ft.
  • Features: "On Street"
  • Possession: "Subject to Tenant Rights"
  • 4 one-bedroom units
  • 4 two-bedroom units
  • Property Type: Apartment Complex
  • Property Sub Type: Multi-Family 5+
  • Elementary School: Sigel Elem. Comm. Ed. Center
  • High School: Roosevelt High
  • High School District: St. Louis City
  • Middle Or Junior School: Long Middle Community Ed. Center
  • "Public Sewer"
  • Annual Tax Amount: 5077
  • Tax Year: 2022
  • Tenant Pays: "Cable TV", "Electricity", "Gas"
  • Water Source: "Public"

Location

$1,100,000 - 1916 Menard Street, St Louis, MO 63104
1916 Menard Street St Louis, MO 63104
Location: City

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