3621 McCausland Avenue

Lindenwood Park, Saint Louis, Missouri 63109

Sold
| For Sale | $560,000 | Multi-Family 5+

This 7-unit mixed-use property is located in the Lindenwood Park neighborhood. Listing includes 2 buildings with a parking lot. The first is 6 units, 5118 sqft, built in 1930 – 3 apartments (2-2 bed,1-1 bed) and 3 businesses. The second, a 960 sqft church, built in 2002. Fully occupied by great tenants, with 3 of them occupying for over 10 years ($5,360 in total monthly rents). The 1-bed apartment was gut rehabbed & restored in 2006 by the owner, a retired contractor, whose high-quality upgrades were done to last. This unit has special details such as custom cabinetry, a masonry Rumford fireplace, 40 light fixtures, and in-ceiling speakers. Great for an owner-occupant or as a premium rental unit. Too many other repairs and upgrades in the rest of the building to possibly detail. The garden is easy to care for, blooms all season, and is great for neighborhood PR & attracting great tenants. High quality finishes and tenants make owning the building a breeze.

Investment Remarks

7 Units total: 1 Church, 3 Apartments (fully rented with $5,360 in total income), 3 Businesses.

Other

Units
7  
Parking Type
Off Street  
Sq Ft
6078  
Lot Size (Acres)
9148  
Property Tax
$4,045  
Video Tour
https://docs.google.com/a/stlresociety.com/file/d/0BzaOo6mi1UrzZUxNSk1EMlZRVnc/preview  

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