$210,000
$189,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
3914 Chippewa St Louis, MO 63116
3,128 SqFt
Key Details
Sold Price $210,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 3,128 sqft
Price per Sqft $67
Subdivision Grand Gravois Park Add
MLS Listing ID 20042929
Sold Date 07/31/20
Construction Status 81
Year Built 1939
Building Age 81
Lot Size 5,576 Sqft
Acres 0.128
Lot Dimensions 40' x 143' 4\"
Property Sub-Type Multi-Family 2-4
Property Description
Outstanding 4 family turnkey investment opportunity in the heart of South City! Excellent rental income & CAP Rate over 10%! Professionally managed, well maintained all brick building with tons of updates & 7-minute bike ride to Tower Grove Park! Each unit–all rented to great long-term tenants–has a living rm, bedroom, dining rm, kitchen, refrigerator, stove, updated cabinets, sink, counters, private decks, wood floors & ceiling fans. Forced air heat. Window AC in 3 units, central AC in 4th. One tenant rents all 4 garage spaces. Basement storage for tenants & owner, washer dryer hook-ups, individual furnaces & updated electric panels. Huge commercial water heater serves all apts. Plumbing is completely updated with newer stacks, pipes, faucets, sinks, some toilets & shower controls. Walk to bus stop & Grand retail. No pet, no smoking building. Showings & leases available w/ accepted contract. Survey, income/expense verification available. Fully occupied. Please do not disturb tenants.
Location
State MO
County St Louis City
Area South City
Interior
Heating Forced Air
Cooling Window Unit(s), Ceiling Fan(s), Electric
Fireplace N
Appliance Some Refrigerator(s), Some Range Oven(s), Some Smoke Alarm(s), Some Window Treatment(s)
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 81
Schools
Elementary Schools Oak Hill Elem.
Middle Schools Long Middle Community Ed. Center
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash Only, Conventional, FHA, Private, VA
Listing Terms Cash Only, Conventional, FHA, Private, VA
Special Listing Condition Renovated, None
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Bought with Matthew Dobrinic