10031 Willdan Drive
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.
Broker Details
Keller Williams Realty St Louis (314) 677-6000
MLS ID: BROOMEAD
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $550,000 |
| Year Built: | 1969 |
| Lot Size: | 3,456.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-MARISMO-26059028
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
922 Allen Avenue
St Louis, Missouri
5343 Vernon Avenue
St Louis, Missouri
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout