7355 Lindell Boulevard, University City, MO 63130

$4,290,000
List Price
$4,290,000
Days on Market
27
MLS#
22058001
Status
ACTIVE
Lot Size
550,249,920
Sq. Ft. Above
20,519
Acres
12632
Year Built
1931
Age
91
Subdivision
Lindell
Municipality
University City
School District
University City
County
St Louis
Listing Type
Commercial

Property Description

GENERATIONAL TROPHY ASSET - Here is your chance to purchase a fully gut renovated 22 unit @ Forsyth/Lindell at the entrance to Clayton, University City & Washington University. Tenants/Owners can walk to campus, downtown Clayton, forest park, and tons of restaurants and retail. The building is a combination of studios, 1s and 2s; There are 4 Commercial bays on the first floor and private parking in the rear. The building has been fully gut renovated: Forced heat, central air, new windows, plumbing, piping, electric, kitchens, baths and W/D in each unit. The building is close to Washington University and Fontebonne and stays occupied year round. There is tons of upside on this one; property runs in place at a 5 cap and can easily be north of a 7% cap with little effort. Add some personal touches, or just cash your rent checks – this property provides consistent value for someone looking to live & invest in a Class A neighborhood.

Additional Information

Elementary School
Flynn Park Elem.
Jr. High School
Brittany Woods
Sr. High School
University City Sr. High
Association Fee
$['0']
Construction
Brick
Parking Description
On Street, Parking Lot
Lot Dimensions
100*114
Cooling
Ceiling Fan(s), Electric
Sewer
Public Sewer
Heating
Forced Air, Individual Furnaces
Water
Public
Heat Source
Gas
Price Per Sq. Ft
209.07
Taxes Paid
23453
Buyer's Agent Commission
1.5
Selling Terms
Cash Only, Conventional

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of St. Louis Apartment Experts.

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