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$2,975,000   Price Analysis
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6942 Lansdowne Ave
Saint Louis, MO 63109
Unknown bed None bath 16,095 SqFt ($184/SqFt)
0.4 acre lot. Built 1960
Listed 2023-09-12, Taxes $25,914
Ⓧ USDA Ineligible
due to price & location

near Saint Louis

This attractive 18-unit apartmnt building underwent a total renovation in 2020 and would be the perfect turnkey inves tment for someone wanting to own real estate without the headache.

Located in Lindenwood Park a stone's throw from South City favorites like Mom's Deli and Ted Drewe's, these apartments practically rent themselves. Each apartment features an open floorplan with tall ceilings and lots of windows for extraordinary natural lighting. Updated kitchens with stone tops & stainless appliances, updated bathrooms + convenient in-unit laundry. The building is 100% leased; average rent is $1250/month. Renovation included a new TPO roof, updated HVAC, plumbing & electric + a parking lot with enough spaces for 1 spot per apartment. There's really nothing to do here but sit back & collect the rent!

:)


Presented by Jenifer Garcia at
Garcia Properties.
Listing Agent Photo

Property MLS #23054714 from MARIS

Laundry Facilities: Prvt Laund all units

Cooling Features: Central-Electric
Heating Features: Forced Air
Heating Fuel: Electric
Water Heaters: Electric

Furnished Description: Building & Land

Lot Size Acres: 0.3964
Lot Size Dimensions: 141x123
Lot Size Source: County Records
Lot Size Square Feet: 17267

Parking Features: 1 Space/Unit

Elementary School: Buder Elem.
High School: Roosevelt High
Middle School: Long Middle Community Ed. Center
School District: St. Louis City

Mason Elementary School is a public elementary school located approximately 1.8 miles away.
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Long Middle Community Ed. Center is a public middle school located approximately 2.5 miles away.
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Roosevelt High School is a public high school located approximately 4.1 miles away.
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Word Of Life Lutheran School is a private elementary and middle school located approximately 0.7 miles away.
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Number of Units: 18

Tenant Pays: Electric

Annual Tax Amount: 25914
Source Listing Status: Active
County: St Louis City
Tax Year: 2022
Ownership: Private
Source Property Type: Multi-Family 5+
Area: South City
Source Neighborhood: Lindenwood Park
Postal Code Plus 4: 1988
Property Location: City
Subdivision: South Lindenwood Add
Property Subtype: Apt Bldg/Exterior En
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$301,950 + $11,550
$313,500
$25,914
2021$49,400 + $11,550
$60,950
$5,030
2020$66,400 + $19,300
$85,700
$8,424
2019$66,400 + $19,300
$85,700
$8,400
2018$66,800 + $19,300
$86,100
$8,671
2017$66,800 + $19,300
$86,100
$8,547
2016$71,200 + $19,300
$90,500
$9,069
2015$71,200 + $19,300
$90,500
$8,352
2014$73,300 + $19,300
$92,600
$8,542
2013$73,300 + $19,300
$92,600
$8,544
2012$74,000 + $19,300
$93,300
$8,525
2011$74,000 + $19,300
$93,300
$8,254
2010$75,300 + $19,300
$94,600
$8,096
2009$75,300 + $19,300
$94,600
$7,839

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Total Square Feet Living: 16095
Year Built: 1960
Construction Materials: Brick/Stone Msn Pred
Living Area Source: County Records
Property Age: 64
Total Above Grade Sqft Area: 16095
Architectural Style: Mid-Rise 3or4 Story

Sewer: Public
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.