2531 S Jefferson Ave, St Louis, MO 63104

$290,000
4,500
SqFt

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Sold Price
$290,000
List Price
$297,500
Closing Date
Feb 23, 2024
Days on Market
140
MLS#
23058586
Status
CLOSED
Living Sq. Ft
4,500
Lot Size
11,543
Acres
0.27
Year Built
1884
Subdivision
Baldwins Estate Add
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

Welcome to the historic Fox Park neighborhood. This mixed use building sits on a PRIME CORNER LOT, with high visibility. There are luxury condo's in construction directly behind, or west of the building bringing potential appreciation & economic growth. Fox Park is one of the areas included in the ST. LOUIS REVITALIZATION effort. "This building is being SOLD AS-IS." The 2nd & 3rd floor 2 bed 1 bath apartments include washer, dryer and fridge. Apartments upstairs will require City Occupancy permit. Minor cosmetic updates needed in both units. SEWER LATERAL WAS REPAIRED JULY '23. THE ROOF WAS REPLACED MAY '22. The basement is dry as a bone. Square footage is estimated, buyer is encouraged to confirm actual total square footage. IMMEDIATE INCOME from 1st floor commercial tenant, with Newly signed $1,875 per month lease good thru 11/30/2028 Centrally located, close the highways w/nice blend of surrounding businesses. Occupancy Permits available prior to close.

Additional Information

School District
St. Louis City
Elementary School
Sigel Elem. Comm. Ed. Center
Jr. High School
Fanning Middle Community Ed.
Sr. High School
Roosevelt High
Parking Description
Assigned
Cooling
Window/Wall
Heating
Forced Air, Natural Gas
Water
Public
Selling Terms
Cash, Conventional, FHA, VA Loan

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Listing courtesy of Better Homes and Gardens Real Estate Preferred Properties. Selling Office: RE/MAX Results.

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