3124 Magnolia AVE, St Louis, MO 63118
3124 Magnolia AVE, St Louis, MO 63118
3124 Magnolia AVE, St Louis, MO 63118
3124 Magnolia AVE, St Louis, MO 63118
3124 Magnolia AVE, St Louis, MO 63118
3124 Magnolia AVE, St Louis, MO 63118
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$ 329,900
Est. payment | /mo

5,560 SqFt


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$ 329,900
Est. payment | /mo
Save

5,560 SqFt

Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,560 sqft

Price per Sqft $59

Subdivision Lynch Add

MLS Listing ID 26051288

Style Traditional

Year Built 1907

Annual Tax Amount $262

Lot Size 1,655 Sqft

Acres 0.038

Property Sub-Type 2-4 Units

Property Description

LIVE • WORK • INVEST! SELLER FINANCING AVAILABLE — RATES AS LOW AS 6.99% FOR QUALIFIED BUYERS. Unique mixed-use opportunity in historic Tower Grove East. This approximately 5,560 SF two-story brick corner building offers exceptional flexibility for an owner-user, investor or entrepreneur. The substantially updated main level offers approximately 2,780 SF and was formerly operated as a convenience store and deli. Features include high ceilings, distinctive decorative ceilings, updated flooring and restroom, storefront windows, retail fixtures, beverage coolers, service counter and ductless cooling. The approximately 2,780 SF upper level, formerly configured as two residential units, offers an open canvas for redevelopment with newer windows, exposed brick, subfloor improvements and framing underway. Former residential units are not presently configured for occupancy and will require completion and applicable approvals. Explore residential, live/work, rental or other legally permitted possibilities. Convenient access to I-44, I-55, I-64 and downtown St. Louis. Property offered AS-IS, WHERE-IS; seller will make no repairs. Seller financing subject to buyer qualification, down payment, credit profile, transaction structure, Seller approval and definitive financing documents. Buyer to independently verify zoning, permitted uses, occupancy requirements and redevelopment approvals. Also listed Commercial MLS #26054395. Owner/Agent.

Location

State MO

County St Louis City

Area 2 - Central East

Rooms

Basement 8 ft + Pour, Unfinished, Walk-Out Access

Interior

Heating Natural Gas

Cooling Ductless, Electric, Multi Units

Flooring Ceramic Tile, Plank

Fireplace N

Exterior

Parking Features false

Fence Partial

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Water Available, Sewer Available, Phone Available

View Y/N No

Roof Type Flat

Building

Lot Description City Lot, Corner Lot, Level

Water Public

Structure Type Brick,Other

Schools

Elementary Schools Shenandoah Elem.

Middle Schools Long Middle Community Ed. Center

High Schools Roosevelt High

School District St. Louis City

Others

Ownership Private

Acceptable Financing Conventional, Owner Will Carry, Private Financing Available

Listing Terms Conventional, Owner Will Carry, Private Financing Available

Special Listing Condition Listing As Is

Listed by Linda Alexander • Linda Alexander Real Estate LLC

Schools and Properties Nearby

Julie Bruenger
Julie Bruenger

Real Estate Advisor License ID: 2004026979

+1(314) 817-8178 | julie@lovethelou.homes

Learn More About LPT Realty

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3124 Magnolia AVE