Multi-Family for Sale: 7351 Lindell Boulevard, St Louis, MO 63130

7351 Lindell Boulevard, St Louis, MO 63130
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Type Multi-Family
Lot Size 0.29 acres
Year Built 1931
Taxes Paid $24,112

City St Louis
County St Louis
School District University City
Subdivision West Forsyth Place

MLS 23049144
Status Active
DOM 20 days
GENERATIONAL TROPHY ASSET steps from downtown Clayton (1584ft from the Ritz Carlton), this 22 unit property at the corner of Forsyth/ Lindell has been fully renovated & updated throughout. Brand new kitchens with quartz or granite, tiled bathrooms, central heating/ cooling, IN-UNIT LAUNDRY, stainless steel appliances, new windows, electric, plumbing... this turn key property has already had all the hard work done & it looks beautiful. The rents have not been raised since the renovation was completed 5+ years ago... Once you raise rents to market rate, the proforma income is $400,000+ every year. This property is extremely popular among Washington University students- possibility of leasing by the bedroom for even more income. Tenants can walk to downtown Clayton, Napoli + endless other restaurants & shopping (great walkability). Increase NOI by charging for parking + charging for storage lockers in basement. Seller currently operates 4 units as a short-term-rental that perform well.

Lot & Building Features

Cooling Electric
Heat Source Gas
Heating Forced Air
Parking Description On Street, Parking Lot
Sewer Public Sewer
Tax Year 2022
Water Public
Lot Dimensions 100*114 ft

Community and Schools

Elementary School Flynn Park Elem.
Junior High School Brittany Woods
Senior High School University City Sr. High

Price History of 7351 Lindell Boulevard, St Louis, MO

Date Name Price Difference
08/23/2023 Listing Price $3,995,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 7351 Lindell Boulevard, St Louis, MO

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Photo of Aaron Schwendemann
Direct: 636-262-6623
15 Sydnorville Road, Suite 2
Troy, MO 63379
Listed by The Agency, Anthony Klier
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: The Agency

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