4166 Lindell Boulevard, St Louis, MO 63108

$5,700,000
List Price
$5,700,000
Days on Market
86
MLS#
MAR22056771
Status
ACTIVE
Lot Size
12,149
Sq. Ft. Above
31,239
Acres
0.28
Subdivision
Lindell Add 02
Municipality
St. Louis City
School District
St. Louis City
County
St Louis City
Year Built
1922
Listing Type
Commercial

Property Description

Attention value-add buyers! - rare opportunity to own one of the last remaining value-add high-rise buildings in the Central West End, situated on prestigious Lindell Boulevard. The Leonardo underwent a gut-rehab in the 1980's so all the building systems are modern - plumbing, electric, elevator, windows, drywall finishes. The value-add is an easy kitchen/bath/flooring/lighting/ laundry remodel. Occupancy hovers near 100% so you'll have stable rental income while unit upgrades are completed. Plus, a new elevator and new roof eliminate 2 of the largest rehab costs from your budget. The Leonardo has 2 ground floor office spaces (leased), 34 apartments (17 one bed and 17 two bed), plus a rooftop cell tower earning $1,342/mo. All-electric building with separate furnaces and water heaters keep the owner costs down. Midway between Forest Park & Barnes/Jewish/Childrens hospitals 6 blocks west and St. Louis University to the east. Upper floors have unobstructed, breathtaking views.

Additional Information

Elementary School
Pamoja Prep / Cole
Jr. High School
L'Ouverture Middle
Sr. High School
Sumner High
Association Fee
$['0']
Construction
Brick
Parking Description
Other, Parking Lot, Security Parking
Lot Dimensions
57X212
Cooling
Electric
Sewer
Public Sewer
Heating
Forced Air, Individual Furnaces
Water
Public
Heat Source
Electric
Price Per Sq. Ft
182.46
Taxes Paid
30496
Selling Terms
Cash Only, Conventional
Transaction Agent Commission
1
Buyers Agent Commission
1

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Listing courtesy of RE/MAX Results.

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