3434 Virginia Ave
St Louis, MO 63118

Description

Excellent investment opportunity in the historic Cherokee Street neighborhood!! This building is occupied with annual leases for 3 of the 4 units totaling $1,940 with opportunity of $2600+ production each month. The units have large rooms that could be two bedrooms easily with original hardwood floors, original gorgeous woodwork, 2 new high efficiency furnaces, 2 new water heaters. Within blocks of some of the most popular restaurants and bars in South City including Tower Taco, La Vallesana and Fortune Teller, not to mention Antique Row!! Cherokee Street is coming up in a big way and this is your opportunity to buy while its still affordable with a building that needs very limited maintenance for many years to come. Cherokee Street is exceptionally walkable and its in the midst of a major development boom. The size and layout of this building makes it one of the premier multi-family opportunities in the Cherokee area. Other opportunity could be condo/townhouse conversion!!

Details

MLS#19053961
Sub-TypeResale
StatusPending - Show
Year0
Days On Site33

Features

SQ Feet4,264
Units4
Building(s)1

Market Activity 63118

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Area Information

StateMO
CountySt Louis City
CitySt Louis
Zip Code63118
AreaCentral East
Listing VS Median (in 63118)
Price:
$249,900
low | high
Med:
$127,500
98.979591836735% of Average
SqFt:
4,264
low | high
Med:
1,851
100% of Average
$ / SqFt:
$59
low | high
Med:
$83
8.340795483347% of Average
On Site:
33
low | high
Med:
73
45.205479452055% of Average
Listing Updated: 08/20/2019
MLS Number: 19053961
Listing Provided By:
Stacey Gualdoni  of  Keller Williams Southwest