Active

6942 Lansdowne Avenue

St Louis MO, 63109

$2,975,000


$184.84 per sqft

Active

16,095 sqft

Commercial

Built in 1960

This attractive 18-unit apartment building underwent a total renovation in 2020 & would be the perfect turnkey investment for someone wanting to own real estate without the headache. Located in Lindenwood Park just a stone's throw from South City favorites like Mom's Deli & Ted Drewe's, these apartments practically rent themselves. Each apartment features an open floorplan with tall ceilings & lots of windows for great 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! :)

23054714

MLS ID

September 12, 2023

Listed

May 9, 2024

Updated

Map

6942 Lansdowne Avenue
St Louis MO, 63109

Interior Features

Laundry Description

Prvt Laund all units


Fireplace

No


Cooling

Yes


Cooling Description

Electric


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.4 Acres


Sewer

Public Sewer

School Information

School District

St. Louis City


High School

Roosevelt High


Elementary School

Buder Elem.

Other Property Details

Area Name

South City


Taxes

$25,914


Tax Frequency

Annually


Days on Market

224


Garage

No


Parking

Space/Unit - 1


View

No


County

St Louis City


Municipality

St. Louis City


Water Source

Public


Pool

No


Buyer Agency Compensation

1.75%

Listing History

Date

Event

Price

3/20/2024

Price Change

$2,975,000

-8%

11/28/2023

Price Change

$3,200,000

-4%

Courtesy of Garcia Properties , Jenifer E Garcia

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 Riley Schmidt shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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