4329 Gibson Avenue, St Louis, MO 63110

$785,000
List Price
$785,000
Days on Market
98
MLS#
MAR22068326
Status
ACTIVE
Lot Size
6,569
Sq. Ft. Above
4,400
Acres
0.15
Year Built
1894
Subdivision
McRee Place Add
Municipality
St. Louis City
County
St Louis City
Year Built
1894
Listing Type
Multifamily

Property Description

Amazing opportunity to purchase 3 connected townhomes located in The Grove in close proximity to Forest Park, Barnes Jewish Medical Complex, Washington University School Of Medicine, St. Louis University, Cortex, University Of Health Science And Pharmacy In St. Louis, The Central West End, Botanical Gardens and Tower Grove Park. This historic building with tons of character was built in 1894. Total sq footage over 4,400 square feet with 3 bedroom 1.5 baths in each Townhome. Current rents are $4,835/mo or $58,020 annualized. There is the potential to add value and raise rents in the future - these units rented at market rates could yield $88,200 of gross rental income annually based on rent comparables. All tenants are month to month. All units have been updated. Would be ideal for an investor or owner occupant. Can be purchased with 6 other total nearby multi families as part of a package. Inquire with the listing agent for more information.

Additional Information

School District
St. Louis City
Elementary School
Adams Elem.
Jr. High School
Fanning Middle Community Ed.
Sr. High School
Vashon High
Association Fee
$['0']
Construction
Brick
Parking Description
Off Street, On Street
Cooling
Gas
Sewer
Public Sewer
Heating
Forced Air
Water
Public
Heat Source
Gas
Price Per Sq. Ft
178.41
Taxes Paid
1566
Selling Terms
Cash Only, Conventional, Exchange, FHA, Private, USDA, VA, Other
Transaction Agent Commission
2
Buyers Agent Commission
2

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Listing courtesy of Invest St. Louis.

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