If you need assistance, please call 727-488-7177

$8,950,000
4340 Maryland Ave, St Louis, MO 63108
0 Beds
0 Baths
n/a SqFt

Share

   
OR
Photos
Map
Prices are changing. Get a free home estimate     Find out now

powered by Etta

Extremely rare opportunity to purchase a true value add investment with stabilized cash flows in the Central West End. Maryland Lofts is a 54 unit multi-family property consisting of 18 lofted 1br units and 36 efficiency apartments. The 1br apts are two story lofted units, and are very unique (13 have updated kitchens & w/d in unit). The efficiency units are highly sought after by young professionals and are simple and cost effective to turn. The property has been over 95% occupied for the past 10 years. The building also has additional neighborhood security provided by the Cathedral, and TCF (The City's Finest). A separate police dept within the city of St. Louis that services the Cathedral and surrounding area. Maryland Lofts was constructed in 1966 (copper wiring) and features solid brick construction with pitched roof's. The property was gut rehabbed in the 2000's, forced heat, central air, newer plumbing, new electric, windows, drywall, and a new storm sewer system
  • Price:
  • $8,950,000
  • Acreage:
  • 0.73
  • Year Built:
  • 1966
  • Listing ID #:
  • MAR22055662
  • Street Address:
  • 4340 Maryland Ave
  • City:
  • St Louis
  • State:
  • Missouri
  • Postal Code:
  • 63108
  • County:
  • St Louis City
  • Community:
  • Central West
  • Subdivision:
  • Peter Lindells 2nd Add
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Builder Model:
  • Low/1-2
  • Construction Type:
  • Brick
  • Number Of Units:
  • 54
  • Year Built:
  • 1966
  • Net Operating Income:
  • 411872
  • Lot Square Footage:
  • 31716
  • Days On Market:
  • 99
  • Included In Sale:
  • Building & Land
  • Originating Mls:
  • Maris
  • Subdivision:
  • Peter Lindells 2nd Add
  • Township:
  • St. Louis City
  • Property Taxes:
  • $53,697
  • Tax Year:
  • 2021
  • Tenant Pays:
  • Cable Tv, Electricity, Gas, Parking Fee
  • Parking Description:
  • Parking Lot
  • Cooling System:
  • Electric
  • Existing Water:
  • Public
  • Heating:
  • Forced Air
  • Laundry:
  • Common Laundry, Prvt Laund Some Unit
  • Sewage Type:
  • Public Sewer
$

$

%

$

$

$


The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By: St. Louis Apartment Experts
  • MOMARIS