Multi-Family for Sale: 3472 Giles Avenue, St Louis, MO 63116 SOLD
$245,000
$245,000
3472 Giles Avenue,
St Louis, MO 63116 SOLD
$245,000
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Selling Price: $245,000
Original List Price: $280,000
Sold at 87.5% of list price
Sold Date: 12/26/2024
Type Multi-Family
Lot Size 0.12 acres
Year Built 1914
Taxes Paid $2,369
City St Louis
Area South City
County St Louis City
Subdivision Hunts Add
MLS 24048551
Status Closed
DOM 109 days
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.
Room Features
Misc Description Balcony, Basement, Laundry Facl-Private, Patio
Lot & 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
Community and Schools
Junior High School Fanning Middle Community Ed.
Senior High School Roosevelt High
Price History of 3472 Giles Avenue, St Louis, MO
Date | Name | Price | Difference |
---|---|---|---|
07/31/2024 | Listing Price | $245,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: STL Real Estate Pros, LLC Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange |