MO > St Louis > Russell Estate Add
St Louis, MO 63116,3537 Morganford RD
St Louis, MO 63116,3537 Morganford RD,Video Tour
St Louis, MO 63116,3537 Morganford RD
St Louis, MO 63116,3537 Morganford RD
St Louis, MO 63116,3537 Morganford RD
St Louis, MO 63116,3537 Morganford RD
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Ramsey Stewart, REALTOR

Ramsey Stewart, REALTOR

+1(417) 650-5364
$ 1,650,000
Est. payment | /mo

21,608 SqFt

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$ 1,650,000
Est. payment | /mo
Save Virtual Tour

21,608 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family 5+

Listing Status Pending

Purchase Type For Sale

Square Footage 21,608 sqft

Price per Sqft $76

Subdivision Russell Estate Add

MLS Listing ID 24065018

Construction Status 59

Year Built 1965

Building Age 59

Lot Size 0.366 Acres

Acres 0.3657

Lot Dimensions 45x145x99x104x13x7x87x42x86

Property Description

Meticulously maintained 20-unit apartment complex across three tax parcels in Tower Grove South. This is an incredible investment opportunity located near Tower Grove Park, Botanical Gardens, and Morganford?s vibrant shops, dining, and nightlife. Two brick buildings with one-bedroom units, private parking, and key code access. Current rents are below market with average rents at $725, presenting significant rent increase potential with average market rent at $895 for similar sized apts. Upgrades include appliances, garbage disposals, refinished floors, security cameras, Murray electrical panels, interior and exterior doors, vanities, counter-tops, medicine cabinets, on-site coin laundry, tenant storage, and a maintenance shop. The property features resealed parking lots and 25-year architectural shingle roofs. Each building offers baseboard heating, hotel-style cooling unit. Sixteen security cameras installed in 2023 offer enhanced safety. Seller reviewing offers at 2pm Fri Oct 25th.

Location

State MO

County St Louis City

Area South City

Interior

Heating Baseboard

Cooling Wall Unit(s)

Fireplace N

Laundry Coin Operated, Common Laundry

Exterior

Parking Type On Street, Parking Lot

Building

Sewer Public Sewer

Water Public

Structure Type Brick,Cedar

Construction Status 59

Schools

Elementary Schools Oak Hill Elem.

Middle Schools Long Middle Community Ed. Center

High Schools Roosevelt High

School District St. Louis City

Others

Ownership Private

Acceptable Financing Cash Only, Conventional, Exchange, Private, Other

Listing Terms Cash Only, Conventional, Exchange, Private, Other

Special Listing Condition Renovated, None

Listed by Jordan Schoen • Invest St. Louis
agent-avatar

+1(417) 650-5364

ramseystewart1@gmail.com

716 N 22nd St, Ozark, MO, 65721

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