MO > St Louis > West Forsyth Place
St Louis, MO 63130,7351 Lindell BLVD
St Louis, MO 63130,7351 Lindell BLVD
St Louis, MO 63130,7351 Lindell BLVD
St Louis, MO 63130,7351 Lindell BLVD
St Louis, MO 63130,7351 Lindell BLVD
St Louis, MO 63130,7351 Lindell BLVD
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Ramsey Stewart, REALTOR

Ramsey Stewart, REALTOR

+1(417) 650-5364
$ 3,600,000
Est. payment | /mo

0.29 Acres Lot

Save
$ 3,600,000
Est. payment | /mo
Save

0.29 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Subdivision West Forsyth Place

MLS Listing ID 24062361

Construction Status 93

Year Built 1931

Building Age 93

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions 100*114

Property Description

Generational mixed-use trophy asset in between WashU and Clayon. Walk to the Ritz, Wash U danforth, Forest Park and tons more. This 22 unit property has been beautifully maintained on its exterior and fully gutted throughout: forced heat/central air, new plumbing piping, windows, roof, electric, kitchens, baths and WASHER DRYER IN UNIT. There are a combination of studios, 1 beds and 2 beds + 4 rented commercial tenants on the ground level. The current NOI is 241,000 and is priced to sell at north of an 6.5% Cap; the building stays 100% leased with mostly students from Wash U. Current rents are about $250 below market with a proforma NOI north of 400,000; Add some personal touches, update kitchens & baths or just cash your rent checks ? this property provides perfect value for someone looking to live & invest in a Class AAA neighborhood with little risk.

Location

State MO

County St Louis

Area Central West

Interior

Heating Forced Air

Cooling Electric

Fireplace N

Laundry Prvt Laund all units

Exterior

Parking Type On Street, Parking Lot

Building

Sewer Public Sewer

Water Public

Construction Status 93

Schools

Elementary Schools Flynn Park Elem.

Middle Schools Brittany Woods

High Schools University City Sr. High

School District University City

Others

Acceptable Financing Cash Only, Conventional, Exchange

Listing Terms Cash Only, Conventional, Exchange

Special Listing Condition Renovated, None

Listed by Anthony Klier • The Agency
agent-avatar

+1(417) 650-5364

ramseystewart1@gmail.com

716 N 22nd St, Ozark, MO, 65721

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