$3,995,000
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4166 Lindell Boulevard St Louis, MO 63108
Multi-Family
Residence
Beds
Baths
Sq. Ft.
0.28
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Extremely rare 36 unit gut rehabbed apartment complex in the heart of the Central West End. Walk to SLU, Wash U, Barnes/BJC, Forest Park and much more. The building is an even split: 17 1 beds and 17 2 beds + 2 extra offices or studio units on the first floor. The buildings were completely gutted i...n the 80's while preserving tons of historic charm. All of the systems have been updated: new PVC, copper pipes, forced heat/central air, a brand new elevator a few years back and a drywall finish throughout. The apartments are spacious with an open floor plan, large balcony and an unobstructed view of the arch, forest park or cathedral basilica. The property with in-place NOI (320,000) is north of an 8 Cap; the building stays 100% leased with mostly international students from SLU. Current rents are about $350 below market; Add some personal touches, update kitchens & baths or just cash your rent checks – perfect value for someone looking to live & invest in a Class A neighborhood.
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MLS#
24062360
Property Type
Multi-Family
Year Built
1922
Lot Size
0.28
Sewer
Public Sewer
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