4955 Magnolia AVE, St Louis, MO 63139
4955 Magnolia AVE, St Louis, MO 63139
4955 Magnolia AVE, St Louis, MO 63139
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$650,000
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3,060 SqFt
Active

4955 Magnolia AVE St Louis, MO 63139

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Holly Gerchen

Holly Gerchen

+1(314) 629-3858

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,060 sqft

Price per Sqft $212

Subdivision Reber

MLS Listing ID 26024491

Style Apartment Style

Year Built 1922

Annual Tax Amount $3,362

Lot Size 8,197 Sqft

Acres 0.1882

Property Sub-Type 2-4 Units

Property Description

This turn-key, fully furnished, investment offers a rare opportunity to acquire a fully stabilized, high-yield hospitality (airbnb) asset in one of the city's most sought after neighborhoods known as "Southwest Garden Neighborhood". The property was recently rehabbed featuring four separate units meticulously designed with high-end finishes, including quartz/granite countertops, custom cabinetry, stainless steel appliances, tile and spa-inspired bathrooms. Each unit is delivered fully furnished with professional, designer-curated decor, ensuring a seamless transition for the next owner and maintaining the property's reputation for five-star guest experiences. Operating as a high-performance short-term rental, the building generates significantly higher margins than traditional long-term leases, supported by a prime location within walking distance of parks and night life. Because major updates the property offers a low-maintenance, "plug-and-play" solution with virtually no upcoming capital expenditure requirements. This is an ideal acquisition for a 1031 exchange, owner-occupant or any investor looking to secure a luxury four family with immediate, optimized cash flow.

Location

State MO

County St Louis City

Area 3 - South City

Rooms

Basement 8 ft + Pour

Interior

Heating Forced Air

Cooling Central Air

Flooring Hardwood

Fireplace N

Exterior

Parking Features false

View Y/N No

Roof Type Flat

Private Pool false

Building

Story 2

Water Community

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Mason Elem.

Middle Schools Long Middle Community Ed. Center

High Schools Roosevelt High

School District St. Louis City

Others

Acceptable Financing 1031 Exchange, Cash, Private

Listing Terms 1031 Exchange, Cash, Private

Special Listing Condition Listing As Is

Listed by Michael Zangara • Apartment Advisors of America LLC

NEARBY SCHOOL & BUSINESS

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Holly Gerchen

Holly Gerchen

Broker Salesperson | License ID: MO 2012008377

+1(314) 629-3858

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4955 Magnolia AVE