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3548 Magnolia Ave

St. Louis MO 63118

3654 sq. ft.
7405 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Incredible opportunity to own a 4 family in Tower Grove East near Tower Grove Park. This would be perfect for an owner-user or for an investor to add to their portfolio. Rents are significantly below market - Lease rates in the neighborhood for similar style units are ~$1,100. With the location, there is a tremendous opportunity to utilize a traveling nurses? program and get significantly higher rents. All units are 1/1 and are approximately 950 SF. The property has updated systems ? PVC stakes, updated electrical, 3/4 of the A/C units are newer, newer hot water heaters, newer vinyl windows and the roof was replaced in 2018.

Features

3654 sq. ft. floor area
7405 sq. ft. lot size
Multi-Family

Property history for 3548 Magnolia Ave

2018
Sold
Undisclosed
29 Jan 2018 by Christopher Long, of Radius Realty

Happy sellers in St. Louis

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We have insufficient information to provide an overview of customer satisfaction for St. Louis. Viewing the agent profiles, reviews and sales for St. Louis can provide insights for this location.

Local market activity for multi families in St. Louis

In the last 12 months, 93 multi families similar to 3548 Magnolia Ave, have been sold.

This represents a 38% increase in multi families sales when compared to the previous 12 months.

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