Property Description

Opportunity abounds on South 10th Street! Rarely does a property combine this much space, income, flexibility and lifestyle in historic Soulard. Tucked onto one of the neighborhood's most coveted, quiet and tree-lined blocks, 1841 S 10th offers the comfort of a true single-family home, income from two existing apartments, hard-to-find off-street parking and one of St. Louis's most social, historic and charming neighborhoods right outside the door.Formerly two apartments, the entire second floor was combined into an expansive 1,750+ SF owner's residence. Large rooms, soaring ceilings, abundant natural light, a spacious kitchen, dedicated in-unit laundry and thoughtful updates create a comfortable home while preserving the historic character that makes Soulard special.Two updated first-floor apartments are occupied by long-term tenants paying $925 and $850 per month, providing $1,775 in day-one income. Market rents are estimated a$1,050-$1,100 per unit for long-term tradtional rentals and up to $1500 per unit for furnished or nightly rentals. Before becoming owner-occupied, the upper residence leased for $2,150 per month, creating multiple paths to income and long-term upside. First-floor tenants share laundry at the end of the main hallway. No basement stairs and no dark basement laundry room! Furnished, and / or nighlty rental rates coudl support $3,000/month income from this unit!What makes this exact location so special is the peace and quiet. The unusual street pattern around South 10th and tiny Emmet Street limits through traffic, creating a tucked-away residential pocket just blocks from Soulard's busiest destinations. You can live close to everything without having everyone pass your front door. The membership-based Frenchtown Dog Park is also just steps from the rear alley, adding a rare and desireable neighborhood amenity for dog owners.In a neighborhood where parking is at a premium, the existing rear gravel pad, accommodating up to three cars, is a major advantage. Owners and tenants have dedicated off-street parking waiting at home, even during Mardi Gras and Soulard's busiest event weekends, with additional on-street parking often available along this low-traffic block.Then, the Soulard lifestyle. Meet friends for drinks on Molly's year-round patio, treat yourself to Asian-Fusion and craft cocktails steps away from your front door at Stews. Late-night weekend slices at Epic Pizza, karaoke at Carson's, catch live music at The Hi-Hat, or start game day at Duke's and ride its shuttle to a Cardinals or Blues home game. Host Mardi Gras, pick out your golf cart, wander through Soulard Market and enjoy the patios, architecture, festivals and unmistakable energy that make this neighborhood unlike anywhere else in St. Louis, then come home to the quiet of South 10th.Notable features and improvements include central air, updated electrical, PVC plumbing, more than $40,000 in updates and capital improvements since 2022, and a n

Property Features

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