x
Fix'er Upper
Address
3910 Lindell St Louis, MO
Price
$ 950,000
Property Attributes
  • MLS#19052667
  • TypeMulti-Family
  • CountyST LOUIS CITY
  • CitySt Louis
  • AreaCentral West
  • NeighborhoodLindell Add 02
  • Zip63108
  • StyleNeeds Rehab
  • Year Built1897
  • Taxes12896
  • Price$ 950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15132
  • Lot Size10,672 SqFt
Listing Provided Courtesy Of:
Invest St. Louis
Property Description

Central West End Commercial Redevelopment Opportunity. Prime location next to St Louis University and Cortex. 15,132 SF Building (3 floors @5,044 each). Former Law Offices since 1970's, Vacant and needs renovation. Potential uses include multi-family student housing, office space, co-working, micro apartments, mixed use with retail or restaurant on the first floor. Location and high rents for student housing make this an attractive conversion. Spec drawings and renderings are available for 18 apartments with 6 apartments on each floor with (14) one bedroom and (4) two bedroom apartments. With market rent for updated 1 beds close by renting from $1,252-$1,370 and 2 beds from $1,195 to $1,795 there is the potential for $22,308-$26,360 in gross monthly income and $267,696-$316,320 in annual gross income based off of rent comps. With a 40% expense/vacancy of the gross rent the net income could range from $160,617-$189,792. Rear parking lot with 12 spaces. Located in an opportunity zone.

Price History
7/12/2019 Listed $950,000

General Features

Age 122
Area Central West
Attached Documents 2
Cumulative Days on Market 66
Ownership Private
School District St. Louis City
Status Active

Interior Features

Cooling Central-Electric
Heating Forced Air

Exterior Features

Acres 0.2450
Style Mid-Rise 3or4 Story
Water Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 63108

Price
AVG $190K
$950K
Taxes
AVG $7,246
$12,896
Visits
AVG 17
46
Year Built
AVG 1900
1897
Walkscore
AVG 81
76
Data Provided by Walkscore ® not using MLS data

Looking for more comfortable experience?

Check out our mobile application and browse the properties as no other.