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3124 Magnolia Avenue, Saint Louis, MO 63118

$329,900
  • 3124 Magnolia Avenue, Saint Louis, MO 63118 Main Photo

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BEDS0 BATHS SQUARE FEET5,560 MLS#26051288
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONLynch Add SCHOOLSt Louis City

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.

3124 Magnolia Avenue | MLS# 26051288

This multi-family property located at 3124 Magnolia Avenue, Saint Louis, MO 63118 is currently listed for sale with an asking price of $329,900. Magnolia Avenue is located within the St Louis City school district. Search Saint Louis real estate on www.redkeystlouis.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: 8 ft + Pour, Unfinished, Walk-Out Access
Cooling: Ductless, Electric, Multi Units
Heating: Natural Gas
Home Style: Traditional
Lot Size: 0.04 Acres
Roof Type: Flat
Taxes: $262
Year Built: 1907

Feature Descriptions

Days on Site: 65
Exterior: Brick, Other
Fencing: Partial
Lot: City Lot, Corner Lot, Level
Parcel#: 1453-9-160-0
Parking: Off Street, Parking Pad
Parking Notes: Off Street, Parking Pad
SQFT. Above Grade: 5560
Units: 2
Water: Public

Local Schools

High School: Roosevelt High
Middle School: Long Middle Community Ed. Center
Elementary School: Shenandoah Elem.
School District: St Louis City

Listed By / Shown By

Listed By

Agency Name: Linda Alexander Real Estate LLC

Shown By

Agency Title: RedKey Realty Leaders
Agency Phone: 314-692-7200

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Estimate Your Payment

Estimated Payment

$ 1,915.40 per month $1,797.34 Principal & Interest $21.83 Property Tax $96.22 Homeowner's Insurance

Change Payment Information

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David Ames, Sales Manager, NMLS #738479

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