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Damian Gerard

damian@thegellmanteam.com +1(314) 614-4377

$ 550,000

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10031 Willdan DR St Louis, MO 63123

3,456 SqFt

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Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,456 sqft

Price per Sqft $159

Subdivision Lakeshire Park

MLS Listing ID 26059028

Style Traditional

Year Built 1969

Annual Tax Amount $5,848

Lot Size 7,501 Sqft

Acres 0.1722

Property Sub-Type 2-4 Units

Property Description

Welcome to 10031 Willdan Drive, this Quadpex multifamily property offers a rare opportunity to own an income producing property in Lakeshire. Whether you are an investor looking for a strong addition to your portfolio or an owner occupant hoping to let rental income help offset your monthly expenses, this property gives you plenty of options from the start. Each unit features 2 bedrooms, 1 bathroom, a comfortable and functional layout, lower-level laundry and storage space and shared garage space. Units A and B are currently occupied by long-term tenants who would love to stay, while Units C and D are vacant, giving the next owner the opportunity to choose which unit they would like to call home and rent the other or lease both and maximize the property's income potential. Currently both units are listed for rent. The current owner has been working on updates and maintenance to the property. Units A and B recently received new LVP flooring, kitchen cabinets and countertops. Unit C was updated approximately two years ago with new flooring, cabinets and countertops, while Unit D was just refreshed with new LVP flooring, fresh paint, appliances, kitchen cabinets and countertops. This property is appealing well beyond the investment numbers. The practical layouts offer plenty of room for everyday living, while the lower-level laundry, storage areas and garage spac add a lot of convenience for tenants. The overall setting feels more like home than a typical apartment complex. The location only adds to the appeal. Situated in the Lindbergh School District and conveniently positioned between I-55, I-44 and I-270, you can get all around the St. Louis area. Shopping, restaurants, grocery stores, parks and everyday services are all close by, making morning commutes, quick errands, dinner out and weekend plans easy and convenient. Well maintained, nicely updated and offering two vacant units, 10031 Willdan Drive is ready for its next owner to move in, rent out or create the perfect combination of both. Please do not disturb tenants. Listing photos shown are of Units C and D. Units A and B may be viewed with an accepted contract. Each unit offers a similar layout.

Location

State MO

County St. Louis

Area 316 - Lindbergh

Rooms

Basement Partial, Unfinished

Interior

Cooling Central Air

Fireplace N

Exterior

Parking Features true

Garage Spaces 4.0

View Y/N No

Building

Structure Type Brick

Schools

Elementary Schools Dressel Elem.

Middle Schools Robert H. Sperreng Middle

High Schools Lindbergh Sr. High

School District Lindbergh Schools

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, Other, Special Funding

Listing Terms 1031 Exchange, Cash, Conventional, Other, Special Funding

Special Listing Condition Standard

Listed by Brooke Mead • Keller Williams Realty St. Louis

NEARBY SCHOOL & BUSINESS

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Damian Gerard

Trusted Real Estate Advisor

+1(314) 614-4377

Damian Gerard

10031 Willdan DR St Louis, MO 63123

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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10031 Willdan DR