Active

4166 Lindell Boulevard

St Louis MO, 63108

$3,995,000


Active

Commercial

Built in 1922

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.

24062360

MLS ID

October 2, 2024

Listed

November 22, 2024

Updated

Map

4166 Lindell Boulevard
St Louis MO, 63108

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Electric


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.28 Acres


Sewer

Public Sewer

School Information

School District

St. Louis City


High School

Sumner High


Elementary School

Pamoja Prep / Cole

Other Property Details

Area Name

Central West


Taxes

$42,252


Tax Frequency

Annually


Garage

No


Parking

Parking Lot


View

No


County

St Louis City


Municipality

St. Louis City


Water Source

Public


Pool

No

Courtesy of The Agency, Anthony M Klier

Listings displaying the MARIS logo are courtesy of the participants of MO - Mid America Regional Information Systems (MARIS) Internet Data Exchange. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Chris Clark shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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