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Alpha Resources
2016 S 9th St, St Louis, MO 63104
- $1,100,000
- 8,212
- SqFt
- List Price
- $1,100,000
- Price Change
- ▼ $50,000 1793781527
- Days on Market
- 22
- MLS#
- 26065792
- Status
- ACTIVE
- Living Sq. Ft
- 8,212
- Year Built
- 1884
- Subdivision
- Soulard
- Municipality
- St. Louis City
- County
- St Louis City
- Listing Type
- Multifamily
Property Description
SIX BRAND NEW UNITS in two adjoining brick buildings in the heart of Soulard! Renovated top to bottom in Fall 2026: NEW ROOFS, NEW FURNACES, NEW A/C CONDENSERS, NEW WATER HEATERS, new electrical, new PEX water lines, new PVC stacks, and the brick is fully tuckpointed - a buyer should have almost no maintenance expenses for years to come. All six units are 2 bed / 1 bath with IN-UNIT LAUNDRY, quartz counters, big soft-close cabinets, tile baths, LVP flooring (no carpet), exposed brick and high ceilings. 9 GATED OFF-STREET SPACES - parking for every unit. Three units leased at $1,710 to $1,797/mo in total charges; three targeted at $1,760. 9.1% PRO FORMA CAP at $183K per unit - $65K less than buying the buildings separately. Run it as long-term rentals or Airbnb a few units for Mardi Gras and Cardinals weekends (city STR permit required). Walk to Soulard Market, bars and restaurants. SELLER NEEDS TO SELL BEFORE 2027 - tour it and write an offer!
Additional Information
- School District
- St. Louis City
- Elementary School
- Sigel Elem. Comm. Ed. Center
- Jr. High School
- Fanning Middle Community Ed.
- Sr. High School
- Roosevelt High
- Parking Description
- Off Street
- Cooling
- Central Air
- Heating
- Forced Air
- Water
- Public
- Selling Terms
- 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing courtesy of Anthony Klier. The Agency
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Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID. 
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