Sold

5600 Morganford Road

St Louis, MO 63116 SOLD
3,120 sqft
$290,000
Photo of 5600 Morganford Road St Louis MO 63116

Details

OPEN SAT 12PM-2PM. Attractive price adjustment 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*

Specs

Type Multi-Family
Square Footage 3,120 sqft
Lot Size 0.05 acres
Year Built 1912
Assoc Fee Paid None
Taxes Paid $3,202

Lots & Building Features

Appliances Some Dishwasher(s), Some Smoke Alarm(s), Some Shower Bath(s), Some Refrigerator(s), Some Range Oven(s), Some Microwave(s), Some Insulated Window(s), Some Disposal(s)
Assoc Fee Paid None
Construction Brick
Cooling Ceiling Fan(s), Electric
Heat Source Gas
Heating Forced Air
Parking Description On Street
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 32X114X30X104 ft

Room Details

Misc Description Basement, Bonus Room, Fencing, Storage Room Avail

Explore the Neighborhood

Get Directions

Financing

$
20%
1.1041379310345%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City St Louis
Area South City
County St Louis City
Subdivision Carondelet Common Fields

Schools

Junior High School Long Middle Community Ed. Center
Senior High School Roosevelt High
Michael Abernathy, MORE, REALTORS

Sold By

REALTOR®, Broker/Salesperson