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! Seller financing available. 5YR and 10YR options available. Contact listing agent for details.
| MLS # | 26043728 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 108 |
| Listing Provided By | Ascend Real Estate Advisors | Antione Lawrence |
| SQ Feet | 14,688 |
|---|---|
| Basement | Y |
| Acreage | 0.16 |
| Cooling | None |
|---|---|
| Heating | None |
| Construction Materials | Brick |
|---|
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
| Senior Community Yes / No | No |
|---|
| Utilities | None |
|---|---|
| Electric | Other |
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63115 |
| Area | North |
| Community Name | White Place |
| School District | Sumner High |
| Elementary School | Lexington Elem. |
| High School | Sumner High |
| Listing VS Median (in White Place) | |
Price: $599,900 low | high Med: $599,900 sqft: 14,688 low | high Med: 14,688 $ / sqft: $41 low | high Med: $41 On site: 108 low | high Med: 108 | |
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63115 |
| Area | North |
| Community Name | White Place |
| School District | Sumner High |
| Elementary School | Lexington Elem. |
| High School | Sumner High |
| Listing VS Median (in White Place) | |
Price: $599,900 low | high Med: $599,900 sqft: 14,688 low | high Med: 14,688 $ / sqft: $41 low | high Med: $41 On site: 108 low | high Med: 108 | |