4340 Maryland Avenue

St Louis, MO, 63108

$8,950,000

$8,950,000
Active
Active
 - For Sale
property_type
Multi-family
calendar
Built 1966
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
MLS® ID:
22055662
Updated:
10/3/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Common Laundry, Prvt Laund some unit
Cooling
Electric
Heating
Forced Air

Exterior/Building Features

Lot Size
0.73 acres lot
Sewer
Public Sewer

School Information

School District
St. Louis City
High School
Roosevelt High
Middle/Jr High
Blewett Middle
Elementary School
Adams Elem.

Other Property Details

Area Name
Central West
Taxes
$53697
Tax Frequency
per YEAR
Garage
No
Parking
Parking Lot
View
N
County
St Louis City
Water Source
Public
Pool
No

Courtesy of St. Louis Apartment Experts

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