3449 Morganford RD Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63116
Key Details
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Morganford Place Add
MLS Listing ID 24045679
Year Built 1928
Building Age 96
Property Description
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.
Location
State MO
County St Louis City
Area South City
Interior
Heating Forced Air
Cooling Electric,Individual Units
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Oak Hill Elem.
Middle Schools Long Middle Community Ed. Center
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing Cash Only,Conventional,Exchange,Private,Other
Listing Terms Cash Only,Conventional,Exchange,Private,Other
Special Listing Condition None