3803 Fair Ave, St Louis, MO 63115

$599,900
14,688
SqFt

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List Price
$599,900
Days on Market
18
MLS#
26043728
Status
ACTIVE
Living Sq. Ft
14,688
Lot Size
6,921
Acres
0.16
Year Built
1920
Subdivision
White Place
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

Incredible value-add opportunity directly across from Fairground Park! This all-brick 12-family apartment building has been positioned for redevelopment, with interior demolition already completed, a new roof installed, and architectural drawings and floor plans available to help bring the project to life. The proposed layout features spacious true one-bedroom, one-bath apartments with four rooms per unit, including a separate dining room and kitchen. Each apartment also features a private balcony overlooking the park and individual furnaces located within the units. With much of the initial groundwork already completed, this property offers an investor or developer the opportunity to take over and transform a substantial multifamily asset with income-producing potential. Bring your vision, your contractor, and your plans to restore this building and unlock its full potential. Schedule your private showing today!

Additional Information

School District
St. Louis City
Elementary School
Lexington Elem.
Jr. High School
Langston Middle
Sr. High School
Sumner High
Cooling
None
Heating
None
Water
Public
Selling Terms
Cash, Conventional, Private Financing Available

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Calculator source: Real Geeks

Listing courtesy of Ascend Real Estate Advisors.

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