Gimblins Add Real Estate

Welcome to Gimblins Add, a hidden gem nestled in the heart of St. Louis, Missouri. This charming neighborhood boasts a unique blend of historical character and modern convenience, making it an ideal place for families, young professionals, and retirees alike. With its tree-lined streets and friendly atmosphere, Gimblins Add offers a warm sense of community that is hard to find elsewhere.

One of the standout features of Gimblins Add is its proximity to vibrant local amenities. Residents enjoy easy access to a variety of shops, cafes, and restaurants that reflect the rich culinary diversity of St. Louis. Whether you’re in the mood for a cozy brunch spot or an upscale dining experience, you’ll find it just a stone's throw away. The neighborhood is also well-served by public transportation, making commuting a breeze for those who work in the bustling downtown area.

Nature lovers will appreciate the nearby parks, which offer ample opportunities for outdoor activities. From leisurely strolls to picnics, the green spaces in and around Gimblins Add provide a perfect backdrop for relaxation and recreation.

Culturally rich, St. Louis is known for its art, music, and sports scene, and residents of Gimblins Add are never far from the action. With its vibrant festivals, museums, and live performances, there’s always something happening in this dynamic city.

In Gimblins Add, you’ll find not just a place to live, but a community to thrive in. Experience the charm and convenience of this delightful neighborhood—where every day feels like home.

$59,900

26044361 MLS ⋅ ACTIVE Status

Bring your vision to this rare opportunity to restore and reimagine a substantial all-brick duplex with an partially finished third level offering even more potential. Whether you're an investor looking for your next value-add project or a buyer searching for exceptional space, this property delivers possibilities that are increasingly difficult to find. The existing layout offers the potential for a spacious 3-bedroom lower unit and a 4-5 bedrooms upper unit, with the partially finished third level (buyer to verify all intended uses and square footage). Much of the original millwork, interior doors, and 4" baseboards remain in place, preserving the character and craftsmanship of this early 20th-century property. For investors, this is an ideal Fall/Winter renovation project with multiple exit strategies. Renovate and hold as a duplex, reposition for increased rental income, explore shared housing or other residential investment models (subject to zoning and municipal approval), or investigate adaptive commercial or care-related uses where permitted. St Louis City's relatively low property taxes, strong demand for affordable housing, and long-term appreciation potential make this an attractive opportunity for those seeking to build wealth through real estate. For owner-occupants, imagine transforming this expansive property into a home designed around your family's needs. With the potential for 5-8 bedrooms, there's room for a growing or multi-generational household, dedicated home offices, hobby spaces, and more. Bring your ideas, select your finishes, and create a one-of-a-kind residence that reflects your vision. The property requires a comprehensive renovation and is being sold strictly **AS IS**. Cash, hard money or commercial financing only. Buyer should conduct all desired inspections for informational purposes and verify all measurements, square footage, zoning, occupancy requirements, permitted uses, and any redevelopment plans prior to closing. Opportunities to acquire a property of this size, character, and redevelopment potential are uncommon. Schedule your showing today and discover what's possible.

8447 Newby St, St Louis

Gimblins Add Real Estate

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