Multi-Family for Sale: 1709 S 8th, St Louis, MO 63104 SOLD

5,048 sqft
$567,500
$567,500
1709 S 8th, St Louis, MO 63104 SOLD
5,048 sqft
$567,500
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Selling Price: $567,500
Original List Price: $669,800
Sold at 84.7% of list price
Sold Date: 09/10/2021

Type Multi-Family
Total Living Area 5,048 sqft
Lot Size 0.12 acres
Year Built 1892
Taxes Paid $5,487

City St Louis
Area Central East
County St Louis City
Subdivision Soulards Add

MLS 21030071
Status Closed
DOM 76 days
A RARE opportunity in historic Soulard! These TWO (1709 & 1711), 3-Family all brick buildings offer an excellent opportunity to acquire an INCOME PRODUCING properties that are in walking distance to Soulard Farmers Market, Bogart's, etc. Current rents offer a CAP rate near 7%. With appropriate updates & adjustments in rent, CAP rate could near 7.5%-8% when fully rented! A SURE BET for any savvy investor/owner occupant. NEW ROOF & GUTTERS in 2018. The 1st floor & middle units of 1709 consist of 2 beds & 1 bath. 1st floor & middle units of 1711 consist of 1 bed & 1 bath. Both buildings have a 3rd floor 1 bed, 1 bath efficiency unit. The middle unit of 1709 underwent a FANTASTIC, COMPLETE renovation 4 months ago. Plus, plenty of street parking in front & assigned spaces in back. FYI - similar 2 beds in Soulard are renting at $1000/month!! Unit A in 1711 S. 8th is vacant & can be seen now. SEE RENTAL VERIFICATION FORM FOR CURRENT RENTS (ranging from $550 - $970 / unit per mo.)

Lot & Building Features

Construction Brick
Cooling Electric
Heat Source Electric
Heating Forced Air
Parking Description On Street, Unassigned
Sewer Public Sewer
Tax Year 2020
Water Public
Lot Dimensions .118 ft

Community and Schools

Junior High School Fanning Middle Community Ed.
Senior High School Roosevelt High

Price History of 1709 8th, St Louis, MO

Date Name Price Difference
06/23/2021 Price Adjustment $567,500 15.27%
05/18/2021 Listing Price $669,800 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Laurie Duepner Real Estate Group
Direct: 636-328-2433
Office
950 Caledonia Dr.
O'Fallon, MO 63368
636-720-1100
Listed by Realty Shop, Amanda Alejandro & George Ermold
Sold by Gialain Properties, Dan Holak
$
20%
0.96687224669604%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Realty Shop

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