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5350 Loughborough Avenue

St Louis, MO 63109 SOLD
3,000 sqft
$346,000
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%
1.121098265896%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

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

Sold By

REALTOR®, Broker/Salesperson