Multi-Family for Sale: 1210 S Newstead Avenue, St Louis, MO 63110

$475,000
$475,000
1210 S Newstead Avenue, St Louis, MO 63110
$475,000
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Walk Score
85
Price:
$475,000

Type: Multi-Family
Lot Size: 0.06 acres
Year Built: 1889
Assoc Fee Paid: None

City: St Louis
County: St Louis City
School District: St. Louis City
Subdivision: Laclede Race Course Sub

MLS: 22068356
Status: Active
DOM: 144 days
Large 3 family is located in The Grove in close proximity to Forest Park, Barnes Jewish Medical Complex, Washington University School Of Medicine, St. Louis University, Cortex, University Of Health Science And Pharmacy In St. Louis, The Central West End, Botanical Gardens and Tower Grove Park. Built in 1889 this building consists of one 3 bedroom unit and two 2 bedroom units for a total of 7 bedrooms. Current rents are $3,035/mo or $36,420 annualized. There is the potential to add value and raise rents in the future - these units rented at market rates could yield $45,600 of gross rental income annually based on rent comparables. The average rent price in The Grove is $1,669 (provided by rent cafe). All units have been updated. Would be ideal for an investor or owner occupant. Can be purchased with nearby 3 family 4370 Swan or with 6 other total nearby multi families as part of a package. Inquire with the listing agent for more information.

Room Features

Misc Description: Basement, Laundry Facl-Commty, Storage Room Avail

Lot & Building Features

Appliances: Some Dishwasher(s), Some Shower Bath(s), Some Refrigerator(s), Some Range Oven(s)
Assoc Fee Paid: None
Construction: Brick
Cooling: Gas
Heat Source: Gas
Heating: Forced Air
Parking Description: On Street
Sewer: Public Sewer
Tax Year: 2021
Taxes Paid: $1,167
Water: Public
Lot Dimensions: 60' x 42' ft

Community and Schools

Elementary School: Adams Elem.
Junior High School: Fanning Middle Community Ed.
Senior High School: Vashon High

Price History of 1210 Newstead Avenue, St Louis, MO

Date Name Price Difference
10/27/2022 Listing Price $475,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 1210 Newstead Avenue, St Louis, MO

Location Map Street View Walk Score Bird's Eye
Photo of Emmett Coleman
Direct: 314-629-1321
Office
2242 Thurman Ave
Saint Louis, MO 63110
314-772-8407
Listed by Invest St. Louis, Jordan Schoen
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Maris

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

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