Investment Opportunity in Tower Grove South: 3119 Oak Hill Ave. Located in the revitalized Tower Grove South neighborhood, this historic four-family building offers investors a promising as-is opportunity at $259,900. Each of the four 2-bedroom, 1-bath units rents at $745 on a month-to-month basis, with tenants covering utilities. The property features brick/stone masonry, radiator heating, two window/wall AC units, balconies, a basement with storage, and some basement washers and dryers. Nestled between Grand Boulevard and Morganford Road, the building is surrounded by popular shops, restaurants, and green spaces. With a history of neighborhood revitalization, 3119 Oak Hill Ave. presents stable rental income and potential long-term appreciation. Great investment opportunity in South St. Louis! --- Agent related to property owner.
Mls | 24069171 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Pending |
Year | 1911 |
Days On Site | 39 |
Listing Provided By | Cozad Group | Michael Cozad |
Sq Feet | 4,200 |
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State | MO |
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County | St Louis City |
City | St Louis |
Zip Code | 63116 |
Area | South City |
Community Name | Oak Hill |
School District | Roosevelt High |
Elementary School | Mann Elem. |
Middle School | Long Middle Community Ed. Center |
High School | Roosevelt High |
Listing VS Median (in Oak Hill) | |
Price: $259,900 low | high Med: $259,900 SqFt: 4,200 low | high Med: 4,200 $ / SqFt: $62 low | high Med: $62 On Site: 39 low | high Med: 39.000000 |