3701 Phillips Place, St Louis

$450,000

0 Bed
0 Bath
7,935 Sqft
.14 Acre
0 Garage

Rare find solid brick 8 Family Building in a Great St. Louis South city. Excellent Investment Opportunity! It is fully rented and there is room to expand Gross. Good 1031 Exchange Opportunity. Newer roof, newer electrical, separate basements, decent fenced-in yard. Many long-term tenants. Each Unit has newer paint, appliances, cabinets, windows, vanity, hot heater, electric, window units (tenant owned), and furnace. Updates include 3-year-old, 2 new stoves/ovens, and newer electric panels. Close to parks, schools, shopping, restaurants and hospitals! Property to be sold as-is. Seller Will Not Provide Any Inspections or Make Any Repairs. Please Include Proof of Financing with the Contract. The address on Building 3719-3723 Giles Ave. PLEASE NOTE TAX RECORDS INDICATE THE PROPERTY ADDRESS OF 3701 PHILLIPS PLACE***HOWEVER***MAILING THE ADDRESS IS 3719-23 GILES. Please do not disturb tenants.

Essential Information
MLS® #23064549
Price$450,000
Bathrooms0.00
Square Footage7,935
Acres0.14
Year Built1941
TypeCommercial Sale
Sub-TypeMulti-Family 5+
StatusPending
Community Information
Address3701 Phillips Place
AreaSouth City
SubdivisionPhillips Add
CitySt Louis
CountySt Louis City
StateMO
Zip Code63116
Amenities
GaragesOn Street
Interior
HeatingGravity Air
CoolingWall Unit(s), Window Unit(s)
Exterior
ConstructionBrick
School Information
DistrictSt. Louis City
ElementaryFroebel Elem.
MiddleFanning Middle Community Ed.
HighRoosevelt High
Additional Information
Date ListedNovember 16th, 2023
Days on Market168
HOA Fees Freq.None
Listing Details
OfficeRE/MAX Results
Property History
Status Changed from Active to Pending
Price Reduced from $465,000 to $450,000
Price Reduced from $475,000 to $465,000
Status Changed from Coming Soon to Active
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