922 Allen Avenue

About this property

100% LEASED | FULLY FURNISHED | HISTORIC SOULARD. A turnkey 4-unit furnished property 922-924 Allen Avenue, offered individually at $840,000. Four-family residence taken to the studs in 2018 - new HVAC, electric, plumbing and roof - and leased FURNISHED to traveling nurses and corporate professionals whose rent is paid by employer housing stipends: premium rents with a zero-collection-loss track record. Four furnished one-bedroom flats renting $1,600-$1,950/mo ($6,950/mo, $83,400/yr scheduled). Every unit delivers in-unit laundry, updated kitchens, hardwood floors, central air and private decks/patio, plus off-street parking and basement storage. THE UPSIDE: SSM Health SLU and BJC/Barnes-Jewish hospitals are minutes away (endless travel-nurse demand), and Soulard has virtually NO hotels - so these turnkey furnished units can flip to short-term/Airbnb on day one (seller has never operated STR). Walk to McGurk's, Molly's, the Farmers Market and the Anheuser-Busch Brewery in St. Louis's most walkable, Mardi Gras-famous neighborhood. Also available as part of the full 922-926 Allen 7-unit package.