4329 Gibson Ave, Saint Louis, MO 63110
$735,000 (Inactive)

3 Townhomes in The Grove

*click image to start slideshow

Invest in St. Louis

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. A 3-bedroom apartment on Gibson was recently rented for $2,100 which would be $75,600 if all units were rented for that amount, an 8.6% cap rate based on market rent. Leases through 5/31, 6/30, 7/31. All units have been updated. Would be ideal for an investor or owner-occupant.

Property Location

Share This Property:
Property Details:
Square Footage: 4400 County: St. Louis City Units: 1-4 Condition: Rehabbed Occupancy: Fully Occupied Parking: N/A Heating: Electric Heat Cooling: Central Electric Construction: Brick Basement: Poured Concrete
Home Amenities:
  • Some Dishwashers
  • Stove
Agent Details:
Owner / Broker: Jordan Schoen Phone: (314) 255-5117 Fax: (314) 480-7053
Contact Agent: Please use the form below to contact agent Jordan Schoen about this listing.

Search The MLS

Search the MLS below using the city, postal code, address or listing id of the desired property.