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Jon Daugherty

jon@cisler.com +1(618) 505-4306

$ 280,000

Est. payment -/mo

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3472 Giles AVE St Louis, MO 63116

5,428 Sqft Lot

UPDATED:

09/24/2024 02:46 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family 2-4

Listing Status Active

Purchase Type For Sale

Subdivision Hunts Add

MLS Listing ID 24048551

Construction Status 110

Year Built 1914

Building Age 110

Lot Size 5,428 Sqft

Acres 0.1246

Lot Dimensions 66x82x70x82

Property Description

Discover this exceptional 4-unit multi-family property, perfectly situated in the highly sought-after neighborhood of South Tower Grove. This investment gem boasts full occupancy, ensuring immediate cash flow, with significant potential for increased rental income. Each unit has been recently renovated, showcasing upgrades that reduce future maintenance costs and attract quality tenants. Currently, all units are occupied, providing a stable income stream from day one. With room to increase rents, there’s an opportunity to enhance your return on investment significantly. Renovation highlights include new flooring and fixtures, freshly painted interiors. This property offers strong cash flow and appreciation potential, located in a growing and desirable area poised for value appreciation. High-quality renovations attract and retain tenants, minimizing vacancy rates. Whether you're a seasoned investor or looking to expand your portfolio, this property promises both stability and growth.

Location

State MO

County St Louis City

Area South City

Interior

Heating Forced Air

Cooling Wall/Window Unit(s)

Fireplace N

Appliance Some Refrigerator(s), Some Range Oven(s), Some Smoke Alarm(s), Some Window Treatment(s)

Exterior

Parking Type None

Building

Sewer Public Sewer

Water Public

Structure Type Brick Veneer

Construction Status 110

Schools

Elementary Schools Mann Elem.

Middle Schools Fanning Middle Community Ed.

High Schools Roosevelt High

School District St. Louis City

Others

Ownership Private

Acceptable Financing Cash Only, Conventional

Listing Terms Cash Only, Conventional

Special Listing Condition None

Listed by Felina Higby • STL Real Estate Pros, LLC

Jon Daugherty

Broker | License ID: 475.207404

+1(618) 505-4306

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Jon Daugherty

Jon Daugherty

3472 Giles AVE St Louis, MO 63116

Key Details

Location

Interior

Exterior

Building

Schools

Others

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3472 Giles AVE