Price Reduced

1210 Lynch Street

St Louis, MO 63118
$1,135,000
Photo of 1210 Lynch Street St Louis MO 63118

Details

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.

Specs

Type Multi-Family
Lot Size 0.09 acres
Year Built 1886
Taxes Paid $2,935

Lots & Building Features

Construction Other
Cooling Electric, Window Unit(s), Other
Heat Source Gas
Heating Forced Air
Parking Description Other
Sewer Public Sewer
Tax Year 2022
Water Public
Lot Dimensions irregular

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Financing

$
20%
0.25859030837004%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City St Louis
County St Louis City
School District St. Louis City
Subdivision Soulard

Schools

Elementary School Sigel Elem. Comm. Ed. Center
Junior High School Long Middle Community Ed. Center
Senior High School Roosevelt High
Sebastian Bautz, Goodman Bautz