926 Allen AVE, St Louis, MO 63104
926 Allen AVE, St Louis, MO 63104
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Jacob Geringer

Jacob Geringer

+1(314) 570-6794
$635,000
Est. payment /mo
7,732 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 7,732 sqft

Price per Sqft $82

Subdivision Allens Add

MLS Listing ID 26052851

Style Historic

Year Built 1893

Annual Tax Amount $2,675

Lot Size 5,397 Sqft

Acres 0.1239

Property Sub-Type 2-4 Units

Property Description

100% LEASED | FULLY FURNISHED | HISTORIC SOULARD. A turnkey 3-unit income package - 926 Allen Avenue, the historic brick rowhouse - offered individually at $635,000. Gut-renovated in 2018 (new HVAC, electric, plumbing and roof). Unit mix: one 2BR/1BA at $2,000/mo plus two furnished 1BR/1BA at $1,950/mo each - $5,900/mo, $70,800/yr scheduled. This property HAS OFF STREET PARKING in the rear (extremely rare for Soulard). The furnished units are leased to traveling nurses and corporate professionals whose rent is paid by employer housing stipends: premium rents with a zero-collection-loss track record. Every home delivers in-unit laundry, updated kitchens, hardwood floors, central air and private decks/patio, plus off-street parking and basement storage. THE UPSIDE: SSM Health SLU and BJC/Barnes-Jewish hospitals are minutes away (endless travel-nurse demand), and Soulard has virtually NO hotels - so these turnkey furnished units can flip to short-term/Airbnb on day one (seller has never operated STR). Walk to McGurk's, Molly's, the Farmers Market and the Anheuser-Busch Brewery in St. Louis's most walkable, Mardi Gras-famous neighborhood. Also available as part of the full 922-926 Allen 7-unit package.

Location

State MO

County St Louis City

Area 2 - Central East

Rooms

Basement Concrete

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Exterior

View Y/N No

Building

Water Public

Structure Type Brick

Schools

Elementary Schools Sigel Elem. Comm. Ed. Center

Middle Schools Fanning Middle Community Ed.

High Schools Roosevelt High

School District St. Louis City

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

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Listed by Anthony Klier • The Agency

NEARBY SCHOOLS & PROPERTIES

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Jacob Geringer

Jacob Geringer

+1(314) 570-6794

Broker License ID: 2013031208

Broker License ID: 2013031208

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926 Allen AVE