$249,900

3434 Virginia Ave

St Louis MO, 63118

Description

SERIOUS BUYERS ONLY - BOM - NO FAULT TO SELLER Excellent investment opportunity in the historic Cherokee Street neighborhood!! This building is occupied with annual leases for 3 of the 4 units totaling $1,940 with opportunity of $2600+ production each month. The 4th unit has been completely rehabbed. The units have large rooms that could be two bedrooms easily with original hardwood floors, original gorgeous woodwork, 2 new high efficiency furnaces, 2 new water heaters. Within blocks of some of the most popular restaurants and bars in South City including Tower Taco, La Vallesana and Fortune Teller, not to mention Antique Row! Cherokee Street is coming up in a big way and this is your opportunity to buy while its still affordable with a building that needs very limited maintenance for many years to come. The size and layout of this building makes it one of the premier multi-family opportunities in the Cherokee area. Other opportunity could be condo/townhouse conversion!!

Details

MLS#19053961
Sub-TypeResale
StatusPending - Show
Year0
Days On Site93

Features

SQ Feet4,264
Units4
Building(s)1

Market Activity 63118

Loading Form

Loading Form

Area Information

StateMO
CountySt Louis City
CitySt Louis
Zip Code63118
AreaCentral East
Listing VS Median (in 63118)
Price:
$249,900
low | high
Med:
$120,000
100% of Average
SqFt:
4,264
low | high
Med:
2,255
97.115384615385% of Average
$ / SqFt:
$59
low | high
Med:
$53
59.200043653824% of Average
On Site:
93
low | high
Med:
723
12.863070539419% of Average
Listing Updated: 10/20/2019
MLS Number: 19053961
Listing Provided By:
Stacey Gualdoni  of  Keller Williams Southwest