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$999,900
-- Bed
- -- Bath
10,080sqft
1916 Menard St, St Louis, MO 63104
$999,900
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Multi Family
Built in 1896
$-- HOA
4,499.75 sqft lot
$99/sq.ft
Description
1916-1922 Menard st is an 8-unit multifamily property in the heart of Soulard right in between Dukes and Great Grizzly. Half of the units are two-level 1015sqft 2bed/1.5bath that bring in $1356/month on average. The other four units are 1bed/1bath units that bring in $929/month on average. Currently the property brings in $9140/month or $109,680 annually. The total Expenses are $29,186 annually so the current Net Operating Income is $75,009 accounting for 5% vacancy. At the list price, the property has an in-place Cap Rate of 7.5%. The entire exterior of the property is brick and has some of the most beautiful architectural features you will find in all of the midwest. Al...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1896
HOA Fees
-
Finished Area
10,080 sqft
Lot Size
4,499.75 sqft lot
Basement Area
- sqft
MLS Name
MARIS MLS
MLS Number
MIS25078691
MLS Status
Active
Days on Market
11
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