Under contract

3449 Morganford Road

St Louis MO, 63116

$900,000


Under contract

Multi-family

Built in 1928

Value-add 12 unit property in the heart of Tower Grove South, just a few blocks from Tower Grove Park. All 12 units are 1 bd / 1 bth. Most of the units have had some updating done to them in the last 5-10 years; including kitchen cabinets, countertops, ranges, refrigerators and some bathrooms. Most of the tenants are month to month and have lived there for awhile and the owner has always been reluctant to raise anyone's rent. So there's a big opportunity to increase overall cash flow by getting either new or existing tenants up to market rates. Call listing agent for more information.

24045679

MLS ID

July 18, 2024

Listed

October 1, 2024

Updated

Map

3449 Morganford Road
St Louis MO, 63116

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Electric, Individual Units


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Sewer

Public Sewer

School Information

School District

St. Louis City


High School

Roosevelt High


Elementary School

Oak Hill Elem.

Other Property Details

Area Name

South City


Taxes

$2,446


Tax Frequency

Annually


Days on Market

39


Garage

No


Parking

On Street


View

No


County

St Louis City


Municipality

St. Louis City


Water Source

Public


Pool

No

Listing History

Date

Event

Price

8/26/2024

Under contract

Courtesy of Platinum Realty of St. Louis,, Clayton Novak

Listings displaying the MARIS logo are courtesy of the participants of MO - Mid America Regional Information Systems (MARIS) Internet Data Exchange. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Cheri Norton Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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