$179,900

4947 Lindenwood Avenue is a $179,900 home located in St Louis, MO.
4947 Lindenwood is a large 4-family building just steps from the intersection of Chippewa and Kingshighway. This convenient location is close to grocery shopping, public transportation, fine dining and much much more. The building has hardwood floors throughout, central A/C and forced air heat, private laundry hookups, storage lockers and off-street parking. The front doors enter straight into the units, with the bedrooms in the rear. Which leaves you with minimal common hall cleaning. The building is a very easy turn-key property to manage. The current rents are: $550, $550, $550 and $650. The property is currently performing at a 9.52% cap rate. The average market cap rate for the Northampton/Kingshighway Hills area is 8.1%. So this building is a cash-cow in comparison to the competition.
Appliances | Some Refrigerator(s) Some Range Oven(s) Some Shower Bath(s) Some Smoke/Alarm Detectors Some Storm Doors Some Storm Windows Gas Some Window Treatmnt |
Interior Features | Bonus Room Basement Laundry Facilities - Private Storage Room Avail Cable Available |
Cooling Types | Central-Electric Individual Units |
Heating Types | Forced Air Individual Furnaces Gas |
Parking Types | Off Street On Street Parking |
Exterior Features | No Association Fee None Brick/Stone Mason Pred Balcony Tentant Pays - Electric Tentant Pays - Gas |
Water Source | Public |
Sewer | Public |
Property Type | Multi-Family |
Property Sub Type | Multi-Family 2-4 |
HOA Fee | $0.00 |
Taxes | $2,356.00 |
County | st louis city |
School District | st. louis city |
Elementary School | buder elem. |
Middle School | long middle community ed. center |
High School | roosevelt high |
Neighborhood | Northampton |
This information is from sources deemed reliable but not guaranteed. The information is for consumers' personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Data last updated 04/25/2018 at 04:47am MDT.