2016 S 9th St, Saint Louis, MO, 63104
2016 S 9th St, Saint Louis, MO, 63104 - Image 22016 S 9th St, Saint Louis, MO, 63104 - Image 32016 S 9th St, Saint Louis, MO, 63104 - Image 42016 S 9th St, Saint Louis, MO, 63104 - Image 5

2016 S 9th St, Saint Louis, MO, 63104

4 bedrooms · 2 baths · 8,212 sq.ft.

NEARLY $10,000 A MONTH IN PROJECTED RENT. SIX UNITS. TWO BUILDINGS. ONE SOULARD ACQUISITION. Offered together at $1,150,000, this package projects $9,937 in monthly gross rent-$119,244 annually-following completion and full lease-up. That is $40,000 below the combined individual asking prices. All six residences are 2-bedroom, 1-bath units across two adjoining parcels. The four-family at 2018-2020 is fully gut rehabbed; the two-family at 2016 is under construction with expected completion December 1, 2026. The renovation scope includes new A/C, furnaces, water heaters, roofs, appliances, kitchens and baths. Once completed, those new systems can reduce maintenance calls and near-term repair costs, leaving more income available after expenses and making a six-unit portfolio easier to manage yourself. Completed interiors feature quartz counters, stainless appliances, matte black fixtures, wide-plank flooring and marble-look tile, with retained exposed brick. Two existing leases generate $3,337 per month; the remaining four units are modeled at $1,650 each. Planned rear improvements include gated asphalt parking and a resident turf area. Approximately 8,212 SF of reported building area and a 93 Walk Score. Rental projections are gross income before expenses and depend on completion and lease-up. Interior photos depict the completed four-family.

Information

Property typeMulti Family
Size8,212 sq.ft.
Year built1884
Price per sq.ft.USD 140
Last sold2026-03-25
CountySaint Louis City
ZIP code63104
LocationSaint Louis, United States

USD 1,150,000

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Where it's located

Saint Louis, United States

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