Extremely rare 36 unit gut rehabbed apartment complex in the heart of the Central West End. Walk to SLU, Wash U, Barnes/BJC, Forest Park and much more. The building is an even split: 17 1 beds and 17 2 beds + 2 extra offices or studio units on the first floor. The buildings were completely gutted in the 80's while preserving tons of historic charm. All of the systems have been updated: new PVC, copper pipes, forced heat/central air, a brand new elevator a few years back and a drywall finish throughout. The apartments are spacious with an open floor plan, large balcony and an unobstructed view of the arch, forest park or cathedral basilica. The property with in-place NOI (320,000) is north of an 8 Cap; the building stays 100% leased with mostly international students from SLU. Current rents are about $350 below market; Add some personal touches, update kitchens & baths or just cash your rent checks – perfect value for someone looking to live & invest in a Class A neighborhood.
Lot & Building Features
CoolingElectric
Heat SourceElectric
HeatingForced Air
Parking DescriptionParking Lot
SewerPublic Sewer
Tax Year2023
WaterPublic
Lot Dimensions57X212 ft
Community and Schools
Elementary SchoolPamoja Prep / Cole
Junior High SchoolL'Ouverture Middle
Senior High SchoolSumner High
Price History of 4166 Lindell Boulevard, St Louis, MO
Date
Name
Price
Difference
10/02/2024
Listing Price
$3,995,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
4166 Lindell Boulevard (MLS #24062360) is a multi-family listing located in St Louis, MO.
This multi-family listing is on a lot of 12,149 sqft (or 0.28 acres) and is 102 years old. This property was listed on 10/02/2024 and has been priced for sale at $3,995,000.
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