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4975 Lindenwood AVE St Louis, MO 63109
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Key Details
Sold Price $575,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Subdivision Northampton Add
MLS Listing ID 21037590
Sold Date 07/27/21
Construction Status 194
Year Built 1827
Building Age 194
Lot Size 4,400 Sqft
Acres 0.101
Lot Dimensions 40x120
Property Description
This 4 family in the newly developed Crown District has been beautifully rehabbed. This is an excellent owner occupant or investment opportunity. This property passes the FHA self-sufficiency test at 3.5% down, an owner-occupant could live rent-free with an income from day one. For the investor, this property operates at an 8.7 cap rate.
Each unit has an in-unit washer and dryers, 2 bedrooms and 1 bath with a bonus room/workspace, thermal windows, hardwood floors, stain glass windows, white shaker cabinets, stainless steel appliances, dishwashers, all new kitchen and baths, a new 1.5'' water service, all new pex water pipes, new PVC waste pipes, new 100 amp electrical panels, off-street parking, 3 new HVAC systems, 3 new water heaters. Unit 1E (first floor right side) is vacant for an owner/occupant. The other 3 are rented with June 1 move-ins for $1,150, $1,150 and $1,175.
Location
State MO
County St Louis City
Area South City
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Appliance Some Dishwasher(s), Some Disposal(s), Some Insulated Window(s), Some Microwave(s), Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Some Smoke Alarm(s), Some Storm Door(s), Some Storm Window(s), Washer/Dryer
Exterior
Parking Type Off Street
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 194
Schools
Elementary Schools Buder Elem.
Middle Schools Long Middle Community Ed. Center
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash Only, Conventional, FHA
Listing Terms Cash Only, Conventional, FHA
Special Listing Condition None
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Bought with Ashleigh Bolar
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