3862 S Spring Ave, Saint Louis, MO, 63116
3beds
2baths
15,312sqft
$1,195,000
$78price/sqft
$9,375/moest. monthly cost
$375,000/yrincome needed
About This Home
Salient Realty Group is pleased to present 3862 S Spring Avenue, an 18-unit apartment complex located in South City. The property consists of twelve, 1 bed/1 bath and six, 2 bed/1 bath units. The property also has 12 garages and a large side lot that is included in the sale. It is positioned near major local employers and the Grand Boulevard corridor. The heavy-duty masonry construction and traditional St. Louis architecture provide a durable foundation for predictable maintenance. This neighborhood is known for its historic architecture and steady demand for rental housing. This asset represents a straightforward opportunity to enter or expand within the South City market.
Getting Around
78
Very Walkable0
Very Limited Transit60
BikeableSchools
7/10
4/10
1/10
Construction
Condition
- Year built: 1931
Materials
- Foundation: Stone
- Roof: Membrane
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Architectural style: Apartment Style
- Property subType: Multi Family,Apartment
Interior
Appliances
- Appliances included: Electric Cooktop,Built-In Electric Oven,Refrigerator
- Laundry features: In Basement,Electric Dryer Hookup,Washer Hookup
Basement
- Has basement: Yes
- Basement: Concrete
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
Features
- Flooring: Vinyl,Wood
- Finished area above ground: 15,312
Heating & Cooling
- Heating features: Baseboard
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 15,312
- Total interior livable area: 15,312 sqft
Property
Details
- Parcel number: 41780301200
- Special condition: Standard
Features
- Levels: Three Or More
- Frontage length: 155'
Lot
- Lot size: 0.50 Acres
- Features: City Lot
Parking
- Total spaces: 12
- Parking features: Garage,Garage Faces Rear,On Street
- Has garage: Yes
- Attached garage spaces: 12
- Covered spaces: 12
- Has uncovered spaces: Yes