
Seller's Agent in 2023
Tim McCarthy
Salient Realty Group, LLC
(314) 451-7145
3 in this area
28 Total Sales
Salient Realty Group is pleased to present this opportunity to acquire 3515 Magnolia, a 12 unit apartment building located in heart of the highly desirable Tower Grove South neighborhood of St. Louis City. The building consists of 12, 1 bed / 1 bath units. Three of the twelve units have been renovated with updated flooring, kitchens and baths. The property has 12 off street parking spaces, a rare features for properties in the area.
The average rent is currently well below market at $690 and similar units in the area are renting for $825 - $850, this presents a tremendous value add opportunity. Tower Grove East has one of the strongest rental markets in St. Louis City. The property is walkable to Tower Grove Park and the South Grand district which is home to many restaurants, bars, and shops.
Last Agent to Sell the Property
Salient Realty Group, LLC License #2019034093 Listed on: 12/20/2022
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/28/2023 02/28/23 | Sold | -- | -- | -- |
01/24/2023 01/24/23 | For Sale | $930,000 | 0.0% | $119 / Sq Ft |
01/24/2023 01/24/23 | Off Market | -- | -- | -- |
01/16/2023 01/16/23 | For Sale | $930,000 | 0.0% | $119 / Sq Ft |
12/27/2022 12/27/22 | Pending | -- | -- | -- |
12/20/2022 12/20/22 | For Sale | $930,000 | -- | $119 / Sq Ft |
Seller's Agent in 2023
Tim McCarthy
Salient Realty Group, LLC
(314) 451-7145
3 in this area
28 Total Sales
Seller Co-Listing Agent in 2023
Garen Lafser
Salient Realty Group, LLC
(314) 374-3687
3 in this area
34 Total Sales
Buyer's Agent in 2023
Kelsey Snell
Garcia Properties
(314) 681-3048
7 in this area
203 Total Sales
Source: MARIS MLS
MLS Number: MIS22078520
APN: 144200-03500