Price
$ 137,500
$6,000 Price cut

1211 Lami, St Louis, MO 63104  
  • 4 beds
  • 2 baths
  • 2,300 sqft

1211 Lami, St Louis, MO 63104  

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 $59ft, 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 $143,500 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 $194,250.

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Listing Type
Single Family
Listing ID
17038912
Bedrooms
4
Bathrooms
2
House Size
2,300
Lot Size
20 x 100
Listing Status
Active
Year Built
1890
County
St Louis City
Full Bath
2
Subdivision
Allens Add
Floors
3
Rooms
9.0
County School District
St. Louis City
School District 1
Hamilton Elem. Community Ed.
School District 2
Fanning Middle Community Ed.
School District 3
Roosevelt High
Taxes
1769.0
TaxID
0801-00-0140-0
TaxYear
2016
Listing courtesy of Invest St. Louis
Price History
Get price alerts on price change
Date Event Change Price
7/15/2017 Price change $-6,000 (-4.2%) $137,500
6/27/2017 Price change $-6,400 (-4.3%) $143,500
6/9/2017 Price change $-9,100 (-5.7%) $149,900
Houses for Sale Nearby
    Listing Information Provided By:
    RE/MAX RESULTS
    4700 S Hampton Ave Saint Louis, MO 63109 | Phone: (314) 781-7777
    License #: 2002002932
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.