4955 Magnolia Ave, St Louis, MO 63139

$650,000
3,060
SqFt

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List Price
$650,000
Days on Market
96
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.

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

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Calculator source: Real Geeks

Listing courtesy of Apartment Advisors of America LLC.

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