$290,000
$299,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
5600 Morganford RD St Louis, MO 63116
3,120 SqFt
Key Details
Sold Price $290,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 3,120 sqft
Price per Sqft $92
Subdivision Carondelet Common Fields
MLS Listing ID 24014557
Sold Date 07/09/24
Construction Status 112
Year Built 1912
Building Age 112
Lot Size 2,169 Sqft
Acres 0.0498
Lot Dimensions 32X114X30X104
Property Description
OPEN SAT 12PM-2PM. Attractive price adjustment for this remarkably rehabbed all brick 2-story mix-use building in the heart of South St. Louis City. Proudly anchored on a high traffic count corner lot, this Bevo Neighborhood gem will get you all the exposure you will need. Both savvy investors and owner occupants alike will be amazed at its wonderful transformation. There are many possibilities in play for this "Turn Key" Main-Level Commercial Space and its Luxurious upper-level 2 bed 1 bath 1,500sqft+ apartment. The wait is over to relocate or to go for it & start-up your business. You could either generate a steady revenue stream with leasing the apartment or occupy it as you operate below. The property boasts a potentially high cap rate once leases are in place for those looking to strictly invest too. Either way you will have a peace of mind with all of the upgrades & how solid the building is. Be sure to check out the feature sheets in the pics. *GOI, Net, & Exp are projected*
Location
State MO
County St Louis City
Area South City
Interior
Heating Forced Air
Cooling Ceiling Fan(s), Electric
Fireplace N
Appliance Some Dishwasher(s), Some Disposal(s), Some Insulated Window(s), Some Microwave(s), Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Some Smoke Alarm(s)
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 112
Schools
Elementary Schools Woerner Elem.
Middle Schools Long Middle Community Ed. Center
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash Only, Conventional, FHA, VA, Other
Listing Terms Cash Only, Conventional, FHA, VA, Other
Special Listing Condition Rehabbed, Renovated, None
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Bought with Dan Brassil