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34361393
34361394

3404 LAWN AVE, SAINT LOUIS, MO 63139 For Sale

LH
MO MO 2015021561
Real Broker LLC
Listed by Real Broker LLC
$450,000
5 days on market
Updated 5 days ago

3404 Lawn Avenue

Details
APN 6066-00-0050-0
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,440
Units 4
Cap Rate 4.32%
NOI $19,421
Occupancy 75%
Tenancy Multi
Pro-Forma Cap Rate 8.85%
Pro-Forma NOI $39,821
Class B
Year Built 1941
Stories 2
Lot Size (SqFt) 5,683
Parking Spaces 4 spaces
Parking per 1,000 SqFt 1.16
Investment Type Stabilized

Four-unit property offers immediate income potential with additional upside!

Marketing description

Multifamily • Exceptional opportunity for investors and house hackers alike! This well-maintained four-unit property offers immediate income potential with additional upside. Three of the four units have been thoughtfully updated, providing modern finishes that appeal to today's tenants while leaving room for future value-add opportunities.

Each unit features the convenience of in-unit washer and dryer, keyless entry, and spacious living accommodations designed for comfort and privacy. Ideally located within walking distance to popular bars, restaurants, and entertainment, and just minutes from major hospital systems, this property is perfectly positioned to attract healthcare professionals, young professionals, and long-term renters.

Whether you're looking to offset your mortgage by living in one unit while the others generate income, or add a strong performing asset to your investment portfolio, this turnkey multifamily property checks all the boxes. Don't miss your chance to own a well-cared-for asset in a highly desirable, walkable location with proven rental appeal.

Investment highlights

  • Keyless entry on building
  • Keyless entry on unit front doors
  • In unit washer & dryer
  • New Appliances
  • Near hospital systems

Listing Contacts

LH
MO MO 2015021561
Real Broker LLC
Listed by Real Broker LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$19,421.00
$1,618.42/mo

Valuation Metrics

0
DSCR
4.32%
Cap Rate
4.32%
ROI

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Additional Information

Name
Lynne Hart
License
MO 2015021561
Brokerage
Real Broker
Brokerage Phone
314.324.6907
Title
Realtor / Sales Person
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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