5600 Morganford Road, St Louis

$324,500

0 Bed
0 Bath
3,120 Sqft
.05 Acre
0 Garage

Attractive price adjustment. Opportunity abounds for this remarkably rehabbed all brick 2-story mix-use building in the heart of South St. Louis City. Proudly anchored on a high traffic count corner lot, this Bevo Neighborhood gem will get you all the exposure you will need. Both savvy investors and owner occupants alike will be amazed at its wonderful transformation. There are many possibilities in play for this "Turn Key" Main-Level Commercial Space and its Luxurious upper-level 2 bed 1 bath 1,500sqft+ apartment. The wait is over to relocate or to go for it & start-up your business. You could either generate a steady revenue stream with leasing the apartment or occupy it as you operate below. The property boasts a potentially high cap rate once leases are in place for those looking to strictly invest too. Either way you will have a peace of mind with all of the upgrades & how solid the building is. Be sure to check out the feature sheets in the pics. *GOI, Net, & Exp are projected*

Essential Information
MLS® #24014557
Price$324,500
Bathrooms0.00
Square Footage3,120
Acres0.05
Year Built1912
TypeResidential Income
Sub-TypeMulti-Family 2-4
StatusActive
Community Information
Address5600 Morganford Road
AreaSouth City
SubdivisionCarondelet Common Fields
CitySt Louis
CountySt Louis City
StateMO
Zip Code63116
Amenities
GaragesOn Street
Interior
HeatingForced Air
CoolingCeiling Fan(s), Electric
Appliances

Some Dishwasher(s), Some Disposal(s), Some Insulated Window(s), Some Microwave(s), Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Some Smoke Alarm(s), Washer/Dryer

Exterior
ConstructionBrick
School Information
DistrictSt. Louis City
ElementaryWoerner Elem.
HighRoosevelt High
Middle

Long Middle Community Ed. Center

Additional Information
Date ListedMarch 12th, 2024
Days on Market52
HOA Fees Freq.None
Listing Details
OfficeMORE, REALTORS
Property History
Price Reduced from $349,500 to $324,500
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