Patton Properties
The Ryan Patton Group, Patton PropertiesPhone: (314) 952-4233
Email: [email protected]

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listing
1 of 5
CommercialFor Sale
$1,165,000
1210 Lynch Street
St Louis, MO 63118
Courtesy of Goodman Bautz
MLS: Mid America Regional MLS (MARIS)
Est. Mortgage
$6,114/mo

10+ Door Package with a 6-1/2 cap rate available to an investor looking for a portfolio. Consists of a 4-family in Soulard, 2 two-family properties, and 2 single family, one of which has an existing, additional building which could be renovated into an 11th door. Gross rents: $111,960 but could be $164,520 according to rentometer.com Package NOI: $77,395 Cap Rate 6.6% at current rents 1208-10 Lynch, 3651 Marceline Terrace, 227-229 Schirmer, 7624 Vermont, and 4058 Concordia. Out of the ten doors, 9 are occupied with varying lease terms, one is available for showing; do not approach the buildings or the tenants.

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Information courtesy of Goodman Bautz is subject to verification and is not guaranteed.
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