3472 Giles AVE

St Louis,MO 63116

$ 280000

- Bed

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family 2-4

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Hunts Add

MLS Listing ID 24048551

Year Built 1914

Building Age 110

Lot Size 5,428 Sqft

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)

Building

Sewer Public Sewer

Water Public

Structure Type Brick Veneer

Schools

Elementary Schools Mann Elem.

Middle Schools Fanning Middle Community Ed.

High Schools Roosevelt High

School District St. Louis City

Others

Acceptable Financing Cash Only,Conventional

Listing Terms Cash Only,Conventional

Special Listing Condition None

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