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1916 Menard Street

St Louis, MO 63104
10,080 sqft
$1,100,000
Photo of 1916 Menard Street St Louis MO 63104

Details

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*

Specs

Type Multi-Family
Square Footage 10,080 sqft
Lot Size 0.10 acres
Year Built 1896
Taxes Paid $5,077

Lots & Building Features

Construction Brick
Cooling Electric
Heat Source Gas
Heating Forced Air
Parking Description On Street
Sewer Public Sewer
Tax Year 2022
Water Public
Lot Dimensions 60 x 75 ft

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Financing

$
20%
0.46154545454545%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City St Louis
County St Louis City
School District St. Louis City
Subdivision Allnes/Russell

Schools

Elementary School Sigel Elem. Comm. Ed. Center
Junior High School Long Middle Community Ed. Center
Senior High School Roosevelt High
Anthony Klier, The Agency