1210 Lynch ST Active Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63118
Key Details
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Subdivision Soulard
MLS Listing ID 24069192
Year Built 1886
Building Age 138
Lot Size 3,999 Sqft
Property Description
10+ Door Package with a 6-1/2 cap rate available to an investor looking for a portfolio. Consists of a 4-family in Soulard, 2 two-family properties, and 2 single family, one of which has an existing, additional building which could be renovated into an 11th door.
Gross rents: $111,960 but could be $164,520 according to rentometer.com
Package NOI: $77,395
Cap Rate 6.6% at current rents
1208-10 Lynch, 3651 Marceline Terrace, 227-229 Schirmer, 7624 Vermont, and 4058 Concordia.
Out of the ten doors, 9 are occupied with varying lease terms, one is available for showing; do not approach the buildings or the tenants.
Location
State MO
County St Louis City
Area Central East
Interior
Heating Forced Air
Cooling Electric,Window Unit(s),Other
Building
Sewer Public Sewer
Water Public
Structure Type Other
Schools
Elementary Schools Sigel Elem. Comm. Ed. Center
Middle Schools Long Middle Community Ed. Center
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing Cash Only,Conventional
Listing Terms Cash Only,Conventional
Special Listing Condition None