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1005 Allen Avenue

St Louis, MO 63104

Property Overview
Price: $595,000
City: St Louis
County: St Louis City
Sale/Lease: Sale
Status: Active
MLS Number: 24017733
Property Description
This Soulard 3family is fully renovated and the ultimate house hack or cash-cow investment property. There is a detached single family 2bed/2bath house in the back of the parcel that currently brings in $1835/month. The duplex in the front of the parcel brings in $2095/month for the 3bed/2bath unit up top and $1150/month for the 1bed/1bath on the main level. Currently this property brings in $5,080/month in rents. If you lived in the 1bedroom unit, you could potentially live with $0 in living expenses + only have to manage 2 tenants and create long term wealth. This property is located in the heart of Soulard, right next to Dukes. This property offers the best walkability in St Louis, walkable to over 25 bars, restaurants and coffee shops. Achieve ultimate cashflow by AirBnBing some of the units or furnish them and rent them to Saint Louis University nurses.
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