Office: 314-780-9070

Sarah Bernard Redkey Realty St Louis Mo
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$3,350,000
58 Days Online

1245 North & South Boulevard
St Louis, MO 63130

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1960
Built
County:
St Louis

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

1245 North & South Boulevard1245 North & South Boulevard1245 North & South Boulevard1245 North & South Boulevard
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Mortgage Calculator

Monthly Payment (Est.)

$15,284
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

Forest Grove Apartments is a 32 unit apartment community comprised of 28-two bedroom units and 4-three bedroom units with average rents of $1, 020 per month. The Property offers plenty of upside potential to generate an additional $4, 000 per month in revenue based on current in place rents. The owner has completed numerous capital improvements, including: new roofs, new gutters, deck replacement, parking lot repaving/striping, new flooring in stairwells, new exterior paint, all new electrical panels, updated laundry facility and several HVAC replacements within the last 24 months. Forest Grove is a low maintenance, turn-key investment opportunity that would be perfect for a seasoned investor or a new Buyer looking for a great opportunity. Additionally, the surrounding area has a ton of new development and employment. Forest Grove Apartments is located near the new (50 acre, $211-million) "Market at Olive Development" located at Interstate 170 and Olive Blvd.

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Listing Snapshot
Price 
$3,350,000
Days Online 
58 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.76 Acres
Year Built 
1960
MLS® Number 
24030794
Status 
Active
Property Tax 
$20,259
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
County Records
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen online
General Features
Construction 
Brick Veneer
Parking 
Accessible ParkingParking GarageParking Lot
Sewer 
Public Sewer
Acreage 
1.76
Water 
Public
Cross Street 
Olive Street
Property Sub Type 
Multi Family
Attached Garage 
No
SqFt Above 
33000
Interior Features
Cooling 
Electric
Heating 
Forced Air
Laundry Features 
Coin OperatedCommon Laundry
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Exterior Features
Construction Details 
Brick VeneerFl Brick/ Stn Veneer
Community Features
Association Dues 
0
Township 
University City
MLS Area 
University City
Schools
School District
University City
Elementary School
Flynn Park Elem.
Middle School
Brittany Woods
High School
University City Sr. High
Listing courtesy of Apartment Advisors of America


Based on information submitted to the MLS GRID as of 2024-07-12 09:20 PM UTC. All data is obtained from various sources and may not have been verified by broker or 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.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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