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(636) 260-2853
Coldwell Banker
4955 Magnolia Ave, St Louis, MO 63139
- $625,000
- 3,060
- SqFt
- List Price
- $625,000
- Price Change
- ▼ $25,000 1792782068
- Days on Market
- 186
- MLS#
- 26024491
- Status
- ACTIVE
- Living Sq. Ft
- 3,060
- Lot Size
- 8,197
- Acres
- 0.19
- Year Built
- 1922
- Subdivision
- Reber
- Municipality
- St. Louis City
- County
- St Louis City
- Listing Type
- Multifamily
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.
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Additional Information
- School District
- St. Louis City
- Elementary School
- Mason Elem.
- Jr. High School
- Long Middle Community Ed. Center
- Sr. High School
- Roosevelt High
- Parking Description
- None
- Cooling
- Central Air
- Heating
- Forced Air
- Water
- Public
- Selling Terms
- 1031 Exchange, Cash, Private
Listing courtesy of Michael Zangara. Apartment Advisors of America LLC
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Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.