Active
5600 Morganford Road
St Louis MO, 63116
$299,000
$95.83 per sqft
Active
3,120 sqft
Multi-family
Built in 1912
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*
24014557
MLSⓇ ID
May 9, 2024
Updated
Map
5600 Morganford Road
St Louis MO, 63116
Interior Features
Appliances
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), Washer/Dryer
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s), Electric
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.05 Acres
Sewer
Public Sewer
School Information
School District
St. Louis City
High School
Roosevelt High
Elementary School
Woerner Elem.
Other Property Details
Area Name
South City
Taxes
$3,202
Tax Frequency
Annually
Days on Market
58
Garage
No
Parking
On Street
View
No
County
St Louis City
Municipality
St. Louis City
Water Source
Public
Pool
No
Buyer Agency Compensation
2.25%
Listing History
Date | Event | Price |
---|---|---|
5/8/2024 | Price Change | $299,000 -8% |
4/9/2024 | Price Change | $324,500 -8% |
Open House Schedule
Sat, May 11th
12:00 PM - 2:00 PM CDT
Courtesy of MORE, REALTORS, Michael Abernathy
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