Gimblins Add Real Estate

Welcome to Gimblins Add., a hidden gem nestled in the vibrant heart of St. Louis, Missouri. This charming neighborhood boasts a rich tapestry of history, culture, and community spirit, making it an ideal place for families, young professionals, and retirees alike.

Gimblins Add. is characterized by its tree-lined streets and a delightful mix of architectural styles, from classic brick homes to modern renovations. Residents take pride in their well-maintained properties, fostering a sense of belonging and community. The friendly atmosphere is complemented by local parks and green spaces, perfect for leisurely strolls, family picnics, or simply soaking in the beauty of nature.

Convenience is key in Gimblins Add., with easy access to major highways and public transportation options, ensuring that you’re never far from the bustling downtown St. Louis. The neighborhood is surrounded by a plethora of amenities, including eclectic shops, cozy cafes, and diverse dining options that cater to every palate. Whether you’re craving a gourmet meal or a quick bite, there’s something here to satisfy your cravings.

Families will appreciate the proximity to well-rated schools and recreational facilities, providing ample opportunities for children to learn and grow. Additionally, the neighborhood hosts various community events throughout the year, fostering connections among residents and creating a vibrant social scene.

In Gimblins Add., you’ll find not just a place to live, but a welcoming community that feels like home. Come explore all that this charming neighborhood has to offer and discover your next dream home in St. Louis!

$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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