4 Family with a ton of potential in South St Louis

This huge building in St. Louis’ historic Carondelet Neighborhood is a unique choice for your next development. The property originally had a bar in the first floor unit on the corner, but has long been used entirely as residential. The building currently is broken down into 5 units (two 2-bed and three 1-bed) over its 6,144 sqft of space. The fifth unit seems to have been added after construction though and could easily be remerged with the adjoining unit to make the building into a true 4-Family building. With a 4-family layout, two of the units would be very large 2 bed, 1 bath layouts and two would be spacious 1 bed, 1 bath layouts. The two second floor units could be made significantly larger if the third floor was finished. The large lot is 7,465 sqft and there is a two-car garage in the back yard. The building will need a significant amount of work (likely a gut rehab), but it is eligible for both Missouri & Federal Historic Tax Credits.

5 units but could easily be reverted to 4 with large units. 2 – 2 Bed and 2 – 1 Bed units. Would require a lot of interior work.