1603-1607 S 9th St - Apartments FOR SALE


Saint Louis, MO 63104- Soulard
$1,195,000 USD
314-451-7471
1603-1607 S 9th St, Saint Louis, MO for Sale
$1,195,000 USD
Apartments - FOR SALE
1/14
null | 7.11% Cap Rate

1603-1607 S 9th St
Saint Louis, MO 63104
Soulard


HIGHLIGHTS

  • Freshly Renovated 8-unit Building
  • Updated Electric/Plumbing/HVAC
  • New TPO Roof - 2024
  • Directly Across From the Soulard Farmers Market
  • Secured Off-Street Parking
  • Room to Raise Rents

OVERVIEW

Fully updated investment opportunity in the heart of Soulard, directly across the street from the Soulard Farmers Market. The property consists of four, 1 bed/1 bath units and four 2 bed/1 bath units. The units have been completely updated throughout with high end finishes, new kitchens w/ stainless steel appliances, in-unit washer/dryer and central HVAC. Plumbing and electrical have also been updated/modernized. New TPO roof done in 2024.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$149 USD /SF

# OF UNITS

8

PRICE/UNIT

$149,375

CAP RATE

7.11%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2022

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

F

APN/PARCEL ID

0387-05-0300-0

ASK ABOUT THIS PROPERTY

Garen LafserSalient Realty Group LLCMore Info
314-451-7471

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Garen LafserSalient Realty Group LLCMore Info
314-451-7471

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.