Under Contract
3009 Pennsylvania
St Louis, MO 63118
27,300 sqft
$2,600,000
Details
Incredible opportunity to own the Grant School Apartments. Grant School was originally built in 1893 and underwent a total and complete redevelopment in late 2005. All systems were updated and modernized at that time. The property consists of 27 units. The property recently had all common areas updated as well as 6 units that underwent a full cosmetic rehab with updates to the following: kitchen - stainless steel appliances, quartz countertops, bathroom, appliances, central air, and new flooring throughout. The building has incredible rental upside. Market rents for 1 bd unit - $1,013 & 2 bd units - $1,407.
Specs
Type Multi-Family
Square Footage 27,300 sqft
Year Built 1905
Taxes Paid $3,326
Lots & Building Features
Cooling Electric
Heat Source Electric
Heating None
Parking Description Parking Lot, Unassigned, Space/Unit - 1, Security Parking
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 909 x 52.73 ft
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Area
City St Louis
County St Louis City
School District St. Louis City
Subdivision Tower Grove East
Schools
Elementary School Shenandoah Elem.
Junior High School Fanning Middle Community Ed.
Senior High School Roosevelt High
Timothy McCarthy & Garen Lafser, Salient Realty Group, LLC