Under Contract

5350 Loughborough Avenue

St Louis, MO 63109
3,000 sqft
$354,900
Photo of 5350 Loughborough Avenue St Louis MO 63109

Details

Situated in the highly desirable Princeton Heights neighborhood, this stunning brick, mixed-use building offers 3000 sq ft, and already comes with an immediate return for investors. Boasting a stable tenant base with leases secured through July 2026, the hard work is already done! The ground floor features prime commercial space, while the upper floor houses a residential unit, maximizing rental potential. In a prime location, and easy access to local amenities, this property provides both immediate income and long-term growth potential. The residential unit has 3 bedrooms and 1 full bathroom in addition to a sunroom on the main level in the back of the building. The sunroom leads outside to a nice patio for grilling, a 2 car garage, and additional parking pads on the other side of the fence. The commercial property is on a Triple Net Lease with long term Edward Jones tenants through July 2026. duplicate listing # 24063587

Specs

Type Commercial
Square Footage 3,000 sqft
Lot Size 0.05 acres
Year Built 1935
Taxes Paid $3,879

Lots & Building Features

Cooling Electric
Heating Forced Air
Parking Description Other
Sewer Public Sewer
Tax Year 2023
Water Public

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Financing

$
20%
1.0929839391378%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City St Louis
County St Louis City
Subdivision Gravois Loughborough Add
McKenzie Dapron, Wood Brothers Realty