$659,000
Pending
37 Days Online
0 Beds0 Baths0 SQFT
Pending

2901 Nebraska Avenue St Louis, MO 63118

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Fully updated 8-unit apartment building in the historic Tower Grove East neighborhood. Located 1.5 miles from Tower Grove Park, and all the amenities of South Grand. Built in 1927, this brick building has a total square footage of 6, 400, and is priced to sell at $102 per square foot. Each 1-bedroom, 1-bathroom unit has 750 square feet of modern living space. All units were completely renovated in 2021 with granite countertops, stainless steel appliances (including gas stoves, refrigerators, microwaves, & dishwashers), in-unit washers and dryers, and keyless locks throughout. Additional upgrades in 2021 include new condensers, PVC and pex plumbing, sewer laterals, and a TPO roof. There is potential to increase rent as-is. The average rents of 33 one-bed rentals within 1 mile in the past year is $1, 024/mo on rentometer. If the apartments were rented at average rent, a fully-occupied building would generate $8, 192 per month, or $98, 304 annualized.

  • Property TypeCommercial
  • NeighborhoodLanes Add 03
  • CountySt Louis City
  • Taxes$3,025
  • HOA/Condo/Coop Fees$0
  • Days on Site36 Days
  • MLS StatusPending
  • MLS ID Number24047537
  • Home Size Source County Records
  • Year Built1927
  • Lot Size0.1444 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Brick
  • Parking On Street
  • Sewer Public Sewer
  • Acreage 0.1444
  • Water Public
  • Cross Street Pestalozzi St
  • Property Sub Type Multi Family
  • Attached Garage No
  • SqFt Above 6400

Interior Features

  • Cooling Gas
  • Heating Forced Air
  • Laundry Features Prvt Laund all units

Exterior Features

  • Construction Details Brick

Community Features

  • Association Dues 0
  • Township St. Louis City
  • MLS Area Central East

Schools

School District
St. Louis City
Elementary School
Shenandoah Elem.
Middle School
Fanning Middle Community Ed.
High School
Roosevelt High

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Monthly Payment (Est.)

$3,188
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