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.
Virtual Tours for 2901 Nebraska Avenue St Louis, MO
Lot & Building Features
Assoc Fee PaidNone
ConstructionBrick
CoolingGas
Heat SourceGas
HeatingForced Air
Parking DescriptionOn Street
SewerPublic Sewer
Tax Year2023
WaterPublic
Lot Dimensions49x130 ft
Community and Schools
Elementary SchoolShenandoah Elem.
Junior High SchoolFanning Middle Community Ed.
Senior High SchoolRoosevelt High
Price History of 2901 Nebraska Avenue, St Louis, MO
Date
Name
Price
Difference
08/01/2024
Listing Price
$659,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
2901 Nebraska Avenue (MLS #24047537) is a multi-family listing located in St Louis, MO.
This multi-family listing is 6,400 sqft and on a lot of 6,290 sqft (or 0.14 acres) and is 97 years old. This property was listed on 08/01/2024 and has been priced for sale at $659,000.
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Listing information courtesy of: Invest St. Louis
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