See all 4 photos
4 photos
Additional details
$189,900
Est. payment /mo
2,128 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Pending
Purchase Type For Sale
Square Footage 2,128 sqft
Price per Sqft $89
Subdivision Gibson Heights Ad E-38
MLS Listing ID MIS25024996
Year Built 1910
Lot Size 3,250 Sqft
Acres 0.0746
Lot Dimensions 25X130
Property Sub-Type 2-4 Units
Property Description
Historic Investment Opportunity in The Grove! Calling all investors and developers! This is your chance to own a rare two-unit historic property in the heart of Forest Park Southeast's vibrant Grove neighborhood, just steps from Barnes-Jewish Hospital. Eligible for historic tax credits and Neighborhood Preservation Act tax credits, this large brick building is primed for a full gut renovation, offering a blank canvas for your next project. Transform it into a stunning single-family residence or maintain it as a high-demand two-unit rental, perfect for medical professionals, young professionals, or urban dwellers. Nestled in one of St. Louis' most sought-after neighborhoods, you're surrounded by trendy restaurants, bustling nightlife along Manchester Avenue, and minutes from Forest Park, Cortex Innovation Community, and major highways (I-64/I-44). Properties with this potential and tax incentives are scarce. Immediately adjacent to 155-unit Monarch Redevelopment. AS IS.
Location
State MO
County St Louis City-mo
Area 3 - South City
Interior
Heating Other
Cooling None
Fireplace N
Appliance Other
Exterior
Parking Features false
Building
Water None
Structure Type Brick
Schools
Elementary Schools Adams Elem.
Middle Schools Fanning Middle Community Ed.
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Special Listing Condition Standard
Read Less Info
Listed by Savoy Properties LLC
Get More Information
Joe LoPiccolo
Broker Associate | License ID: 2005026477
Broker Associate License ID: 2005026477
Quick Search