St Louis, MO 63118,1210 Lynch ST
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$ 1,165,000
Est. payment | /mo

3,122 SqFt


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$ 1,165,000
Est. payment | /mo
Save

3,122 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family 2-4

Listing Status Active

Purchase Type For Sale

Square Footage 3,122 sqft

Price per Sqft $373

Subdivision Soulard

MLS Listing ID 24059587

Construction Status 138

Year Built 1886

Building Age 138

Lot Size 3,999 Sqft

Acres 0.0918

Lot Dimensions irregular

Property Description

10+ Door Package with a 6-1/2 cap rate available to an investor looking for a portfolio. Consists of a 4-family in Soulard, 2 two-family properties, and 2 single family, one of which has an existing, additional building which could be renovated into an 11th door.

Gross rents: $111,960 but could be $164,520 according to rentometer.com
Package NOI: $77,395
Cap Rate 6.6% at current rents
1208-10 Lynch, 3651 Marceline Terrace, 227-229 Schirmer, 7624 Vermont, and 4058 Concordia.
Out of the ten doors, 9 are occupied with varying lease terms, one is available for showing; do not approach the buildings or the tenants.

Location

State MO

County St Louis City

Area Central East

Interior

Heating Forced Air

Cooling Electric, Individual Units, Other

Fireplace N

Exterior

Parking Type Off Street

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Construction Status 138

Schools

Elementary Schools Sigel Elem. Comm. Ed. Center

Middle Schools Long Middle Community Ed. Center

High Schools Roosevelt High

School District St. Louis City

Others

Ownership Private

Acceptable Financing Cash Only, Conventional

Listing Terms Cash Only, Conventional

Special Listing Condition None

Listed by Sebastian Bautz • Goodman Bautz
agent-avatar

+1(417) 650-5364

ramseystewart1@gmail.com

716 N 22nd St, Ozark, MO, 65721

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