1211 Lami
St Louis, MO 63104
- 4 beds
- 2 baths
- 2,300 sqft
- 2,004 sqft lot
- $52 per sqft
- 1890 build
- – on site
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Price reduced! Opportunity to rehab a historic home built in 1890 in Soulard. Home is a 3 story row house that is approximately 2300 sq ft with 4 beds and 2 full baths. This 9 room home has a nice layout with high ceilings, hardwood floors, original woodwork and trim, large original windows on a quiet street. Home qualifies for federal and state historic tax credits up to 45% of the renovation costs. Home is priced at $56ft, renovation costs to completely renovate the home are approximately $115,000 which is $50ft. Smaller row houses close by recently sold for $440,000 ($220 Sq ft), $407,000 ($183 sq ft), $396,000 ($220sq ft). Potential equity/profit of $151,100 after rehab based off of lowest comparable sale of $396,000 along with potential additional tax credits of up to $51,750 based on $115,000 renovation cost for a total of $201,850.
Listing courtesy of MARIS / Invest St. Louis
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Last updated Mar 3, 2023
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MLS# 17038912 —
Walk Score®
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Soundscore™
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/4/17
Oct 4, 2017
|
Sold | MARIS | $120,000 |