The buyer's financing fell through. 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.
Lot & Building Features
Assoc Fee PaidNone
ConstructionBrick
CoolingWall Unit(s), Window Unit(s)
Heat SourceGas
HeatingGravity Air
Parking DescriptionOn Street
SewerPublic Sewer
Tax Year2022
WaterPublic
Lot Dimensions50x122 ft
Community and Schools
Elementary SchoolFroebel Elem.
Junior High SchoolFanning Middle Community Ed.
Senior High SchoolRoosevelt High
Price History of 3701 Phillips Place, St Louis, MO
Date
Name
Price
Difference
02/16/2024
Price Adjustment
$450,000
3.23%
01/03/2024
Price Adjustment
$465,000
2.11%
11/16/2023
Listing Price
$475,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
3701 Phillips Place (MLS #23064549) is a multi-family listing located in St Louis, MO.
This multi-family listing is 7,935 sqft and on a lot of 6,142 sqft (or 0.14 acres) and is 83 years old. This property was listed on 11/10/2023 and has been priced for sale at $450,000.
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