916 Talmage Avenue, St Louis, MO 63110

$525,000
Sold Price
$525,000
List Price
$550,000
Closing Date
May 02, 2022
Days on Market
145
MLS#
MAR21072582
Status
CLOSED
Lot Size
4,530
Sq. Ft. Above
2,936
Acres
0.104
Year Built
1904
Subdivision
WITHERS CHOUTEAU ADDN
Municipality
St. Louis City
County
St Louis City
Year Built
1904
Listing Type
Multifamily

Property Description

Fully renovated 2 family in the heart of The Grove featuring large 3 bed 2 bath townhome units. Historic renovations included updating with modern kitchens and baths, updated systems including 200amp electric service, new HVAC systems, updated plumbing, lateral replacement, roof replacement, tuckpointing, window replacement, refinishing original hardwood floors, etc. Buildings are 2,936 sq ft with units that are each approximately 1,468 sq ft. Unit 918 is rented month to month for $1,715 a month and 916 is leased through 6/30/22 at $1,645. There is the potential to raise rents- similar size apartments have rented from $1.950-$2,200 nearby recently. Expenses and maintenance costs are low, annual expenses are $5,041. The buildings are tax abated through 2027. There are two almost identical buildings on the block for sale so there is the potential to purchase all 3 buildings which are the only buildings on the block. The other addresses that can be purchased are 920-22, 924-26 Talmage.

Additional Information

School District
St. Louis City
Elementary School
Adams Elem.
Jr. High School
Fanning Middle Community Ed.
Sr. High School
Vashon High
Association Fee
$[u'0']
Construction
Brick
Parking Description
On Street
Cooling
Electric
Sewer
Public Sewer
Heating
Forced Air
Water
Public
Heat Source
Gas
Price Per Sq. Ft
178.81
Taxes Paid
382
Selling Terms
Cash Only, Conventional, FHA, Private, Other
Transaction Agent Commission
1.5
Buyers Agent Commission
1.5

Mortgage Calculator

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Listing courtesy of Invest St. Louis. Selling Office: Invest St. Louis.

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