$169,900
$174,900
2.9%For more information regarding the value of a property, please contact us for a free consultation.
3728 Chippewa St Louis, MO 63116
3,332 SqFt
Key Details
Sold Price $169,900
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 3,332 sqft
Price per Sqft $50
Subdivision Dunnica Add
MLS Listing ID 20088975
Sold Date 01/29/21
Construction Status 79
Year Built 1942
Building Age 79
Lot Size 5,750 Sqft
Acres 0.132
Lot Dimensions 43x135
Property Sub-Type Multi-Family 2-4
Property Description
Cash flow positive 4-family with professional property management in place! Each unit is rented out, but 1 unit is vacant with a tenant scheduled to move-in on Jan 5. 2021. Garage is rented out for $100/month. This building has some updates and more to come! 3728 1st floor will have new vinyl windows installed in mid January. Seller okay with waiting to close until windows are paid for and installed. Other updates that are currently in place are one new waste stack, a newer furnace, a newer water heater, vinyl windows on front of building, breaker panels, and some new water lines. Each unit has a living room, eat-in kitchen, private bedroom, and a sun porch. Basement is unfinished with laundry hookups and a storage unit for each unit. Unit rented quickly at $550 per month and the next owner could increase rents to $575 across the board as leases come due. Schedule a showing before it's too late!
Location
State MO
County St Louis City
Area South City
Interior
Heating Forced Air
Cooling Window Unit(s), Ceiling Fan(s)
Fireplace N
Appliance Some Refrigerator(s), Some Range Oven(s)
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 79
Schools
Elementary Schools Froebel Elem.
Middle Schools Fanning Middle Community Ed.
High Schools Roosevelt High
School District St. Louis City
Others
Ownership Private
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition No Exemptions, None
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Bought with Brian Preston