Two Adjoined Renovated Duplexes
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Two Adjoined Renovated Duplexes
2 Residential Properties Offered at £609,140 in Saint Louis, MO
Executive Summary
Sought-After Soulard Opportunity: Two renovated duplexes in St. Louis’ vibrant Soulard neighborhood, surrounded by bars, restaurants, the iconic Soulard Farmers Market, and the renowned Mardi Gras parade. Steps from Goshen Coffee (best in Soulard!), Chavas, and more.
Modernized Units in Historic Charm: These brick buildings feature renovated units with all new interiors; new stainless steel appliances, new flooring, new in-unit laundry, new cabinets, new countertops, and so on. Three of the four units span two floors, offering flexible and unique layouts. Unit sizes range from 760 to 1,235 square feet, including two 1-bed 1-bath units, one 2-bed 1-bath unit, and one 2-bed, 2-bath unit. All units finished to the same standard with same fixtures, amenities, etc. Extensive exterior work completed as well, including roof, new deck, landscaping, painting, gutters, and more. Both on-street and off-street parking are available, with one unit showcasing a large deck overlooking a large fenced backyard and parking area large enough for ~six cars.
Rental Income & Development Potential: Three units are currently vacant. One in each duplex is to be rented (1006A is rented, 1004 is listed for rent). Remaining larger units will be left available for potential owner occupants. Market rents range from $1,145 to $1,795 (conservatively) for the largest with a projected income of $6,030/month or $72,360/year once fully rented. Additionally, the large lot leaves the possibility of an over garage unit(s) development at the rear/alley of the property.
Modernized Units in Historic Charm: These brick buildings feature renovated units with all new interiors; new stainless steel appliances, new flooring, new in-unit laundry, new cabinets, new countertops, and so on. Three of the four units span two floors, offering flexible and unique layouts. Unit sizes range from 760 to 1,235 square feet, including two 1-bed 1-bath units, one 2-bed 1-bath unit, and one 2-bed, 2-bath unit. All units finished to the same standard with same fixtures, amenities, etc. Extensive exterior work completed as well, including roof, new deck, landscaping, painting, gutters, and more. Both on-street and off-street parking are available, with one unit showcasing a large deck overlooking a large fenced backyard and parking area large enough for ~six cars.
Rental Income & Development Potential: Three units are currently vacant. One in each duplex is to be rented (1006A is rented, 1004 is listed for rent). Remaining larger units will be left available for potential owner occupants. Market rents range from $1,145 to $1,795 (conservatively) for the largest with a projected income of $6,030/month or $72,360/year once fully rented. Additionally, the large lot leaves the possibility of an over garage unit(s) development at the rear/alley of the property.
Property Facts
| Price | £609,140 | Number of Properties | 2 |
| Price / SF | £121.08 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 5,031 SF |
| Status | Active | Total Land Area | 0.16 AC |
| Price | £609,140 |
| Price / SF | £121.08 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 5,031 SF |
| Total Land Area | 0.16 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1006 Geyer Ave, Saint Louis, MO 63104 | Residential | 3,051 SF | 1985 | - |
| 1004 Geyer Ave, Saint Louis, MO 63104 | Residential | 1,980 SF | 1985 | - |
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Two Adjoined Renovated Duplexes
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