Multi-Family for Sale: 2901 Nebraska Avenue, St Louis, MO 63118 SOLD
6,400 sqft
$650,000
$650,000
2901 Nebraska Avenue,
St Louis, MO 63118 SOLD
6,400 sqft
$650,000
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Selling Price: $650,000
Original List Price: $659,000
Sold at 98.6% of list price
Sold Date: 10/01/2024
Type Multi-Family
Square Footage 6,400 sqft
Lot Size 0.14 acres
Year Built 1927
Assoc Fee Paid None
Taxes Paid $3,025
City St Louis
Area Central East
County St Louis City
Subdivision Lanes Add 03
MLS 24047537
Status Closed
DOM 33 days
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.
Lot & Building Features
Assoc Fee Paid None
Construction Brick
Cooling Gas
Heat Source Gas
Heating Forced Air
Parking Description On Street
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 49x130 ft
Community and Schools
Junior High School Fanning Middle Community Ed.
Senior High School Roosevelt High
Price History of 2901 Nebraska Avenue, St Louis, MO
Date | Name | Price | Difference |
---|---|---|---|
08/01/2024 | Listing Price | $650,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
Listed by Invest St. Louis, Jordan Schoen
Sold by Wood Brothers Realty, Thomas Makowsky
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: Invest St. Louis Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange |