PENDING

216 Loughborough Ave
Saint Louis, MO 63111

Carondelet

Local Information

  • Map View
    Explore the area around 216 Loughborough Ave.
  • Street View
    Take a virtual walk around the neighborhood.
  • Schools
    2 Elementary Schools
    1 Middle School
    1 High School
  • Crime
    Lowest crime relative to the rest of the area.
  • Commute
    92% of residents commute by car.
  • Shop & Eat
    15 Restaurants
    2 Groceries
    12 Nightlife

Description

Great opportunity for an investor on this 4-plex with studio units. Each unit is under 400 square feet (1 room plus a small kitchen), so the rehab and maintenance costs would be very manageable. 2 units are occupied with good tenants and 2 units are vacant and need to be rehabbed. The building could use proper heating and cooling (maybe mini-splits), some electrical updates, and general repairs. The owner bought this building with the intent to rehab and stabilize but other projects came up. Currently, the two occupied units rent for $550 and $450 with the landlord paying utilities, and there is interest in the two vacant apartments once they are rehabbed and available. This property is broker-owned and being offered as-is. Once improved, this building should cash flow very nicely. The listed gross operating income, expenses, and net income are estimates based upon stabilization. Photos shown are of the basement and vacant units (the ones that need rehab). Sold as-is

Home Details for 216 Loughborough Ave

Year Built
1890
Parking
Open Parking
Price/Sqft
$33
HOA
None
Heating
Yes
Cooling
Yes
Outdoor
No Info
Laundry
No Info
Active Status
MLS Status: Pending
Interior Features
Dimensions and Layout
Living Area: 1664 Square Feet
Appliances & Utilities
Appliances: Refrigerator, RangeRefrigerator
Heating & Cooling
Heating: Space Heater,GasHas CoolingAir Conditioning: Window Unit(s)Has Heating
Exterior Features
Parking & Garage
No Attached GarageHas Open ParkingParking: On Street,Driveway: None
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1664 Square Feet
Days on Market
Days on Market: 61
Property Information
Year Built
Year Built: 1890
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Brick
Property Information
Parcel Number: 30140000150
Price & Status
Price
Price Per Sqft: $33
Status Change & Dates
Possession Timing: Close Of Escrow
Location
Direction & Address
Community: Eilers Add
School Information
Elementary School: Woodward Elem.Jr High / Middle School: Lyon-blow MiddleHigh School: Roosevelt HighHigh School District: St. Louis City
Agent Information
Listing Agent
MLS/Source ID: 21038045
HOA
Association for this Listing: St. Louis Association of REALTORS
Lot Information
Lot Area: 0.119 Acres
Listing Info
Special Conditions: Standard
Tax Information
Annual Tax Amount: $241
Compensation
Buyer Agent Commission: 2.7Buyer Agent Commission Type: %
Business
Expense
Tenant Pays: None, No Utilities
Additional Information
Mlg Can View
Last check for updates: about 12 hours ago
Listing courtesy of: Patrick Peterson
Peterson Homes
Originating MLS: St. Louis Association of REALTORS
Source: MARIS, MLS#21038045

Price History for 216 Loughborough Ave

Event DetailsPrice
07/04/2021
Pending
MARIS #21038045
$54.9K

06/29/2021
PriceChange
MARIS #21038045
$54.9K

06/17/2021
PriceChange
MARIS #21038045
$59.9K

06/02/2021
Listed For Sale
MARIS #21038045
$64.9K

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Price Trends

For homes in 63111
$101,504
Typical home value
This home: $54,900 85% below
$92
Typical Home Value by sqft
This home: $33 179% below
Price trends provided by third party data sources.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Carondelet

At least 43 Trulia users voted on each feature.
  • 91%
    There are sidewalks
  • 88%
    It's dog friendly
  • 76%
    Car is needed
  • 74%
    Parking is easy
  • 73%
    Streets are well-lit
  • 66%
    It's walkable to restaurants
  • 65%
    Yards are well-kept
  • 62%
    Kids play outside
  • 61%
    It's walkable to grocery stores
  • 59%
    There's holiday spirit
  • 45%
    People would walk alone at night
  • 45%
    Neighbors are friendly
  • 40%
    It's quiet
  • 38%
    They plan to stay for at least 5 years
  • 20%
    There are community events
  • 18%
    There's wildlife
Learn more about our methodology.
  • Trulia User
    "The variety of homes, structure and older buildings. Love tall ceilings and wide doors. Plenty of schools as well. "
    4
    Flag
  • Trulia User
    "I work around Kingshighway and 44. Takes about 15 minutes to get there - highway or surface streets. "
    3
    Flag
  • Trulia User
    "The area seems to have a lot of people on drugs that are walkers. I wouldn’t send my children to the store by walking at all. "
    4
    Flag
  • Trulia User
    "Halloween isn't he best around here and all the neighbors in the neighborhood are very festive around the holidays "
    1
    Flag
  • Trulia User
    "Area and people. watching out for one another. park and ymca. shopping area. highways close by and other areas, new construction of homes.."
    2
    Flag
  • Trulia User
    "I’ve lived here for two years. The neighborhood is very friendly. Neighbors look out for each other and regularly engage in conversation. "
    24
    Flag
  • Trulia User
    "My mother has lived here over 20 years. It's a nice location for the city. Not far from South county."
    12
    Flag
  • Trulia User
    "Friendly neighbors and reasonable property values. Great place to raise kids. Safe neighborhood. Very walkable. "
    11
    Flag
  • Trulia User
    "I have been in this area for almost 6 years and love it. You are at the hub of 3 great little neighborhoods: Charondolet, Holly Hills and Dutch Town. How can you go wrong! You are ten minutes from downtown or south county. These quaint neighborhoods always have festivals, concerts and events in the parks as well as huge community yardsales and events. There is a neighborhood watch group that keeps you up-to-date via email on anything that might be going on in town. Minutes from multiple parks, shopping and anything you could want! City living without the hustle and bustle of the city."
    5
    Flag
  • Trulia User
    "The neighborhood of Carondolet is charming, but can be shady. Most people just want a decent place to live and try to take care of their property the best they can. The schools are ridiculous, not great for school age children. Casino business is pushing the neighborhood to clean it up a bit. I lived at this particular house and while it was truly loved, it was just too much work for us. The place was vandalized within 2 weeks of us moving, right down to the pipes, cabinets, and windows...how sad. But I have to say, when we went on vacation, nothing was ever bothered. Never had issue with our cars either. On a positive note, the YMCA facility and the park are phenomenal! Small shopping center with Schnucks, Lowe's, BK, Starbucks, Great Clips, etc. is within walking distance for anyone willing. Local clinic is convenient and clean. That being said, it's South City."
    10
    Flag

LGBT Local Legal Protections

LGBT Legal Protections updated by Movement Advancement Project
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216 Loughborough Ave, Saint Louis, MO 63111 is a 1,664 sqft multi-family built in 1890. 216 Loughborough Ave is located in Carondelet, Saint Louis. This property is currently available for sale and was listed by MARIS on Jun 2, 2021. The asking price for 216 Loughborough Ave is $54,900. The MLS # for this home is MLS# 21038045.