Fixer Upper
Address
3910 Lindell St Louis, MO
Price
$ 795,000
Property Attributes
  • MLS#20054195
  • TypeMulti-Family
  • CountyST LOUIS CITY
  • CitySt Louis
  • AreaCentral West
  • NeighborhoodLindell Add 02
  • Zip63108
  • StyleNeeds Rehab
  • Year Built1897
  • Taxes13496
  • Price$ 795,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15132
  • Lot Size10,672 SqFt
Listing Provided Courtesy Of:
Invest St. Louis
Property Description

Back on market at no fault of seller. Central West End commercial redevelopment opportunity. Prime location next to St Louis University and Cortex. 15,132 SF Building (3 floors @5,044 each). Potential uses include multi-family student housing, office space, co-working, micro apartments, mixed use. Location, high rents for student housing make this an attractive conversion. Spec drawings and renderings available for 18 apartments with (15) one bedroom and (3) two bedroom apartments. Market rent for updated 1 beds close by renting for $890-$1,370 and 2 beds from $1,195 to $1,795 there is the potential for $16,935-$25,935 in gross monthly income and $203,220-$311,220 in annual gross income depending on finishes, amenities. With 40% expense/vacancy of the gross rent net income could range from $121,932-$186,732 annually. Located in an opportunity zone. Rear parking lot w/ 12 spaces. Also available for $295,000 is adjacent parking lot at 3909-11 West Pine with approximately 33 parking spots

Price History
7/31/2020 Listed $795,000

General Features

Age 123
Area Central West
Attached Documents 3
Cooling Central-Electric
Cumulative Days on Market 82
Ownership Private
School District St. Louis City
Status Active

Interior Features

Heating Forced Air

Exterior Features

Acres 0.2450
Style Mid-Rise 3or4 Story
Water Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • 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 $630K
$800K
Taxes
AVG $6,083
$13,496
Visits
AVG 18
45
Year Built
AVG 1903
1897

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