Contacts

Timothy McCarthy

Salient Realty Group

Property Details

Property Type Multi-Family
Property Size 5,481 SF
Units 4
Additional Rent Contact for pricing
Year Built 1904
Date Updated Dec 10, 2024

iIncredible opportunity to own a 4 family in Tower Grove East near Tower Grove Park. This would be perfect for an owner-user or for an investor to add to their portfolio. Rents are significantly below market - Lease rates in the neighborhood for similar style units are ~$1,100. With the location, there is a tremendous opportunity to utilize a traveling nurses’ program and get significantly higher rents. All units are 1/1 and are approximately 950 SF. The property has updated systems – PVC stakes, updated electrical, 3/4 of the A/C units have been recently replaced, newer hot water heaters, vinyl windows and the roof was replaced in 2018.

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Highlights

Incredible Location
Rents Well Below Market
Great Opportunity for an Owner/Occupant - 1 unit is currently vacant
Systems Updated & New Roof in 2018

Attachments

3548-3550 Magnolia Ave | For Sale (PDF) opens in new window

Getting around

87/100
Walk Score ®
40/100
Transit Score ®
79/100
Bike Score ®

Powered by Walk Score ®

City Saint Louis, MO
Neighborhood Tower Grove East
Zip Code 63118
Market St Louis

Points of Interest

Union Station - Elevator Access

2.32 miles
Union Station

2.33 miles
Union Station - Stair Access

2.36 miles
St. Louis - Gateway Station

2.38 miles
8th & Pine

3.01 miles
The Wild Station

3.34 miles
Discovery Corner Station

3.42 miles
Missouri History Museum/Forest Park

3.59 miles
Forest Park - DeBaliviere Metrolink

3.79 miles
Skinker

4.39 miles

EVgo Charging Station

0.32 miles
BP

0.43 miles
Phillips 66

0.57 miles
QuikTrip

0.65 miles
Conoco

0.97 miles
Zephyr Xpress

1.26 miles
Tesla Supercharger

1.44 miles
ChargePoint

1.65 miles
EV Connect

2.67 miles
Electric Car Charging Station

4.30 miles

Marie Curie Parking Lot

1.31 miles
1327

1.49 miles
Visitor Lot

1.55 miles
Tour Parking

1.57 miles
Chroma Apartments Garage

1.63 miles
Grand Station Parking

1.66 miles
East Lot

1.74 miles
West Lot

1.80 miles
Santa Clara Lot

1.95 miles
IKEA Parking Lot

1.96 miles

Holiday Inn Express St. Louis

1.20 miles
Lemp Mansion

1.63 miles
Residence Inn

1.88 miles
Element St. Louis Midtown

1.98 miles
Home2 Suites by Hilton St. Louis/Forest Park

2.03 miles
Aloft by Mariott

2.15 miles
Courtyard Downtown

2.19 miles
Hotel Ignacio

2.24 miles
Drury Inn St. Louis At Union Station

2.26 miles
Fairfield Inn & Suites St. Louis Downtown

2.28 miles

Ruler Foods

0.08 miles
Jay International Food Co.

0.40 miles
Schnucks

0.77 miles
ALDI

1.03 miles
El Torito

1.04 miles
Local Harvest Grocery

1.09 miles
Save-A-Lot

1.25 miles
Midwest Pasta Company

1.37 miles
World Market - Cho Quoc Te

1.38 miles
Target

1.49 miles

In-Depth Research Available for this Property

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