6942 Lansdowne Avenue, St Louis

$2,975,000

0 Bed
0 Bath
16,095 Sqft
.4 Acre
0 Garage

This attractive 18-unit apartment building underwent a total renovation in 2020 & would be the perfect turnkey investment for someone wanting to own real estate without the headache. Located in Lindenwood Park just a stone's throw from South City favorites like Mom's Deli & Ted Drewe's, these apartments practically rent themselves. Each apartment features an open floorplan with tall ceilings & lots of windows for great natural lighting. Updated kitchens with stone tops & stainless appliances, updated bathrooms + convenient in-unit laundry. The building is 100% leased; average rent is $1250/month. Renovation included a new TPO roof, updated HVAC, plumbing & electric + a parking lot with enough spaces for 1 spot per apartment. There's really nothing to do here but sit back & collect the rent! :)

Essential Information
MLS® #23054714
Price$2,975,000
Bathrooms0.00
Square Footage16,095
Acres0.40
Year Built1960
TypeCommercial Sale
Sub-TypeMulti-Family 5+
StatusActive
Community Information
Address6942 Lansdowne Avenue
AreaSouth City
SubdivisionSouth Lindenwood Add
CitySt Louis
CountySt Louis City
StateMO
Zip Code63109
Amenities
GaragesSpace/Unit - 1
Interior
HeatingForced Air
CoolingElectric
Exterior
ConstructionBrick
School Information
DistrictSt. Louis City
ElementaryBuder Elem.
HighRoosevelt High
Middle

Long Middle Community Ed. Center

Additional Information
Date ListedSeptember 12th, 2023
Days on Market229
Listing Details
OfficeGarcia Properties
Property History
Price Reduced from $3,200,000 to $2,975,000
Price Reduced from $3,300,000 to $3,200,000
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