Sold
3472 Giles Avenue
St Louis, MO 63116 SOLD
$245,000
Details
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.
Specs
Type Multi-Family
Lot Size 0.12 acres
Year Built 1914
Taxes Paid $2,369
Lots & Building Features
Appliances Some Range Oven(s), Some Window Treatment(s), Some Smoke Alarm(s), Some Refrigerator(s)
Construction Brick Veneer
Cooling Wall/Window Unit(s)
Heat Source Gas
Heating Forced Air
Parking Description None
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 66x82x70x82 ft
Room Details
Misc Description Balcony, Basement, Laundry Facl-Private, Patio
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Area
City St Louis
Area South City
County St Louis City
Subdivision Hunts Add
Schools
Junior High School Fanning Middle Community Ed.
Senior High School Roosevelt High
Felina Higby & Ivette Santana, STL Real Estate Pros, LLC