For Sale

Listed by Michael Zangara from Apartment Advisors Of America

Source: Mid America Regional Information Systems, Inc. #26038998

4930 Wise Ave, St. Louis, MO, 63110

$625,000

3300 sq. ft.
5479.85 sq. ft.

MultiFam

30+ days on the market

What's around 4930 Wise Ave

About this property

This turn-key, fully furnished, investment offers a rare opportunity to acquire a fully stabilized, high-yield hospitality (airbnb) asset in one of the city's most sought after areas to live, work and play, located just south of the Central West End, North of "The Grove" and blocks from St. Louis Science Center. The property was recently rehabbed featuring four separate units meticulously designed with high-end finishes, including granite countertops, custom cabinetry, stainless steel appliances, tile and spa-inspired bathrooms. Each unit is delivered fully furnished with professional, designer-curated decor, ensuring a seamless transition for the next owner and maintaining the property's reputation for five-star guest experiences. Operating as a high-performance short-term rental, the building generates significantly higher margins than traditional long-term leases, supported by a prime location within walking distance of parks and night life. Because major updates the property offers a low-maintenance, "plug-and-play" solution with virtually no upcoming capital expenditure requirements. This is an ideal acquisition for a 1031 exchange, owner-occupant or any investor looking to secure a luxury four family with immediate, optimized cash flow.

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