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!
Listed By
Agency Name: The Agency
Shown By
Agent Name: Marti Merrifield
Agent Phone: 314.614.1985
Agency Title: RedKey Realty Leaders
Estimated Payment
$ 6,553.62 per month $5,992.96 Principal & Interest $239.83 Property Tax $320.83 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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2016 S 9th Street | MLS# 26065792
This multi-family property located at 2016 S 9th Street, Saint Louis, MO 63104 is currently listed for sale with an asking price of $1,100,000. S 9th Street is located within the St Louis City school district. Search Saint Louis real estate on www.martimerrifield.com today.