$250,000
$216,500
15.5%For more information regarding the value of a property, please contact us for a free consultation.
5201 Lansdowne AVE St Louis, MO 63109
2,050 SqFt
Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 2,050 sqft
Price per Sqft $121
Subdivision Southampton Add
MLS Listing ID 20036414
Sold Date 07/22/20
Construction Status 63
Year Built 1957
Building Age 63
Lot Size 6,011 Sqft
Acres 0.138
Lot Dimensions 55x125
Property Sub-Type Multi-Family 2-4
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!
Location
State MO
County St Louis City
Area South City
Interior
Heating Forced Air
Cooling Ceiling Fan(s), Electric
Fireplace N
Appliance Some Insulated Window(s), Some Microwave(s), Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Some Smoke Alarm(s)
Building
Sewer Public Sewer
Water Public
Structure Type Brick Veneer
Construction Status 63
Schools
Elementary Schools Buder Elem.
Middle Schools Long Middle Community Ed. Center
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash Only, Conventional, FHA, VA, Other
Listing Terms Cash Only, Conventional, FHA, VA, Other
Special Listing Condition Renovated, None
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Bought with Mark Stuart