$245,000
$249,900
2.0%For more information regarding the value of a property, please contact us for a free consultation.
3989 Meramec ST St Louis, MO 63116
3,384 SqFt
Key Details
Sold Price $245,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 3,384 sqft
Price per Sqft $72
Subdivision Grand Gravois Add
MLS Listing ID 22061958
Sold Date 10/17/22
Construction Status 83
Year Built 1939
Building Age 83
Lot Size 5,728 Sqft
Acres 0.1315
Lot Dimensions 57 x 125
Property Sub-Type Multi-Family 2-4
Property Description
Showings start Saturday morning! Fantastic Multi-Family opportunity in Dutchtown! This 4-unit South City investment has excellent rental income at $2575 /mo (figuring vacant unit at $650). Well maintained, all brick building has new roof (2021), vinyl windows, AND a Cap Rate of 9.7%. Many updates over the years, including updated lighting, refinished hardwood floors (2 units), and updated Kitchens and Baths in most units, all while maintaining the historic charm of the original wood floors & millwork. Washers/Shared Dryers and storage in basement. Close to public transportation, parks, restaurants, & entertainment in your favorite neighborhoods- South Grand, Cherokee Street, and Bevo Mill!
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 Dishwasher(s), Some Insulated Window(s), Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Washer/Dryer
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Construction Status 83
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
Listing Terms Cash Only, Conventional, FHA
Special Listing Condition None
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Bought with John Loeffler