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$ 890,000
Est. payment /mo
Active
1022 Russell BLVD St Louis, MO 63104
6,528 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 6,528 sqft
Price per Sqft $136
Subdivision Soulard
MLS Listing ID MAR25020209
Construction Status 140
Year Built 1885
Building Age 140
Lot Size 4,478 Sqft
Acres 0.1028
Property Sub-Type Multi-Family 5+
Property Description
Very unique 8-family in the heart of Soulard; walking distance from the farmers market & more bars & restaurants than you can shake a stick at. This well-maintained property features two four families with a mix of 4 one-bedroom apartments & 4 two-bedroom apartments. The first floor apartments have a kitchen, living room & private bedroom. The upstairs apartments are set up townhome-style with a living room, kitchen, bathroom & private bedroom on the main level & a second private bedroom & bathroom on the third floor. Originally renovated in the 1980's, the building has solid "bones" & has been professionally managed by a dedicated owner ever since. Now it's ready for a new owner to take it to the next level. With some easy & inexpensive cosmetic updates (flooring, light fixtures & paint for the most part), you can easily increase these rents. This is a fantastic investment opportunity for those looking to secure a solid asset in a sought-after area with great long-term potential.
Location
State MO
County St Louis City
Area Central East
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Laundry Coin Operated
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 140
Schools
Elementary Schools Mann Elem.
Middle Schools Fanning Middle Community Ed.
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Special Listing Condition Rehabbed, Renovated, None
Listed by Jenifer Garcia • Garcia Properties