St Louis, MO 63118,2931 Lemp AVE
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St Louis, MO 63118,2931 Lemp AVE
St Louis, MO 63118,2931 Lemp AVE
St Louis, MO 63118,2931 Lemp AVE
St Louis, MO 63118,2931 Lemp AVE

$562,500

Est. payment /mo

$589,900

4.6%
Est.Price: ?

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2931 Lemp AVE St Louis, MO 63118

4,968 SqFt

SOLD DATE : 12/15/2021

Key Details

Sold Price $562,500

Property Type Multi-Family

Sub Type Multi-Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 4,968 sqft

Price per Sqft $113

Subdivision Lanes Add

MLS Listing ID 21072294

Sold Date 12/15/21

Construction Status 131

Year Built 1890

Building Age 131

Lot Size 3,223 Sqft

Acres 0.074

Lot Dimensions 25x129

Property Sub-Type Multi-Family 5+

Property Description

This gorgeous brick and stone building in Benton Park includes 6 residential units, 4 of which are currently being used as Airbnb units! The occupancy rate is 95% for October 2021, 88.8% for the last 365 days. The next 30 days is 90.2%. 2 of the units are long term renters ending in January and May 2022. This is an amazing opportunity with a gross income in 2020 of $66k+ and net income of $38k+. Financials are available upon request. All units come fully stocked and furnished, including all appliances. Electronic key pads on exterior door and interior unit doors make booking new tenants a breeze! Located just 60 seconds from Highway 55 and just across the highway from the famed Anheuser Busch Brewery, makes this the perfect Airbnb destination for traveling nurses and other guests. Showings will have to be scheduled in between occupancy dates. Every unit has been totally renovated! Buy this building as an investor OR owner occupied. Either way this is an incredible opportunity!

Location

State MO

County St Louis City

Area Central East

Interior

Heating Forced Air

Cooling Ceiling Fan(s), Electric

Fireplace N

Laundry Prvt Laund all units

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Construction Status 131

Schools

Elementary Schools Sigel Elem. Comm. Ed. Center

Middle Schools Fanning Middle Community Ed.

High Schools Roosevelt High

School District St. Louis City

Others

Ownership Private

Acceptable Financing Cash Only, Conventional

Listing Terms Cash Only, Conventional

Special Listing Condition Rehabbed, Renovated, None

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Listed by Patty Vergano • County Cottage Realty LLC
Bought with Brandi Jo Zirkelbach
agent

Krista Hartmann

Team Leader | License ID: krhartma

+1(314) 571-7482

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