3738 Gravois Avenue
Property Description
Investor's Dream in Tower Grove South! Mixed-Use Property with Income Potential. Calling all savvy investors! Don't miss this rare opportunity to own a mixed-use commercial and residential building in the highly desirable Tower Grove South neighborhood of St. Louis. This spacious property features a street-level commercial storefront plus four fully leased apartment units, offering a solid income stream with significant upside potential rents are currently below market value. The commercial storefront unit is currently vacant. The building includes key updates such as some PVC plumbing, some updated electrical panels, some gas water heaters, some newer toilets, and replacement doors. Apartments are equipped with forced-air heat and window AC units for tenant comfort. The second floor boasts a shared balcony for added charm and tenant appeal. Located just minutes from Tower Grove Park, major hospitals, public transportation, and highways, this is a prime location for both commercial visibility and residential demand. Whether you're expanding your portfolio or just getting started, this property offers the perfect blend of cash flow, location, and long-term value.
Broker Details
RE/MAX Results (314) 781-7777
MLS ID: SNGUBANI State License Number: 2002004718
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $270,000 |
| No. of Units: | 5 |
| Year Built: | 1914 |
| Lot Size: | 4,505.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $54,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-MARISMO-26026816
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout