5201 Lansdowne Avenue, St Louis, MISSOURI 63109

$216,500
2,050
SqFt
List Price
$216,500
Days on Market
38
MLS#
20036414
Status
ACTIVE UNDER CONTRACT
Living Sq. Ft
2,050
Lot Size
6,011
Sq. Ft. Above
2,050
Acres
0.138
Year Built
1957
Age
63
Subdivision
Southampton Add
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

"Rare Investment Opportunity" in sought after South Hampton Neighborhood with add-value potential for increased cap rate. Not too often will you find a brick Ranch-Style duplex hit the market in 63109. The 5201 Lansdowne 2 bedroom unit has just been renovated throughout and is perfect for an owner/occupant or new tenant. Gleaming refinished hardwoods, floor to ceiling living room windows, freshly painted walls, new light fixtures & ceiling fans, an updated bath & kitchen are just some of this turn-key unit's features. Separate lower levels increase square footage dramatically. Duplex has two addresses... 4421 Brannon's lower level is partially finished with a half bath, sleeping area, family room, and storage. Rent is currently under market value with potential to increase with updates. Savvy Investors could do the same with 5201 Lansdowne's lower level for increased revenue!! Parking pad, spacious patio, and 1 car garage round out the property. A true South City Gem, don't wait!

Additional Information

Gross Operating Income
19800
Total Expenses
$5,869
School District
St. Louis City
Elementary School
Buder Elem.
Jr. High School
Long Middle Community Ed. Center
Sr. High School
Roosevelt High
Construction
Brick Veneer Predom
Parking Description
1-2 Car Detached Grg, Additional Parking, Off Street, On Street Parking
Operating Expenses
Fixed Expenses
Cooling
Ceiling Fan, Central-Electric
Sewer
Public
Heating
Forced Air
Water
Public
Heat Source
Gas
Price Per Sq. Ft
105.61
Taxes Paid
2254
Buyer's Agent Commission
2.5
Selling Terms
Cash, Conventional, FHA, VA, Other

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of MORE, REALTORS.

Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified