Amazing opportunity to purchase 3 connected townhomes located in The Grove in close proximity to Forest Park, Barnes Jewish Medical Complex, Washington University School Of Medicine, St. Louis University, Cortex, University Of Health Science And Pharmacy In St. Louis, The Central West End, Botanical Gardens and Tower Grove Park. This historic building with tons of character was built in 1894. Total sq footage over 4,400 square feet with 3 bedroom 1.5 baths in each Townhome. Current rents are $4,835/mo or $58,020 annualized. There is the potential to add value and raise rents in the future - these units rented at market rates could yield $88,200 of gross rental income annually based on rent comparables. All tenants are month to month. All units have been updated. Would be ideal for an investor or owner occupant. Can be purchased with 6 other total nearby multi families as part of a package. Inquire with the listing agent for more information.
Misc Description:Laundry Facl-Commty
Lot & Building Features
Appliances:Some Dishwasher(s), Some Smoke Alarm(s), Some Refrigerator(s), Some Range Oven(s)
Assoc Fee Paid:None
Parking Description:Off Street, On Street
Lot Dimensions:50' x 134' ft
Community and Schools
Elementary School:Adams Elem.
Junior High School:Fanning Middle Community Ed.
Senior High School:Vashon High
Price History of 4329 Gibson Avenue, St Louis, MO
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1012 Plummer Drive Suite 301 Edwardsville, IL 62025 618-655-4100
Listed by Invest St. Louis, Jordan Schoen
Principal & Interest
Monthly Home Ins.
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Listing information courtesy of: Invest St. Louis
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