$226,250
$242,250
6.6%For more information regarding the value of a property, please contact us for a free consultation.
3725 Meramec ST St Louis, MO 63116
Key Details
Sold Price $226,250
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Subdivision Dutchtown
MLS Listing ID 22034430
Sold Date 11/08/22
Construction Status 94
Year Built 1928
Building Age 94
Lot Dimensions 4560
Property Sub-Type Multi-Family 2-4
Property Description
---100% occupied four-family in quiet pocket of South City's Dutchtown neighborhood. Below market rents offer significant value-add upside via rent stabilization to new owners. Vintage wood finishes including solid wood doors, cabinets, and original wood flooring in living areas. Walking distance to bus stops, banks, restaurants, drug/grocery stores, and local amenities. All units are separately metered with gas/electric paid by Tenants. Washer/Dryer located in basement. Each unit with a balcony and/or walkout patio and parking in alleyway and/or off-street.
---Property sold in conjunction with 3409 Osage Street (0.6 mi away). MLS ID: 22034425. Seller prefers to sell as portfolio. Financials reflect the portfolio (both properties combined). Units are 100% occupied and tours will be provided upon the acceptance of a contract. Please do not disturb Tenants.
---**REDUCED** PURCHASE PRICE FOR BOTH OSAGE & MERAMEC (8 UNITS) IS $459,900.00.
Location
State MO
County St Louis City
Area South City
Interior
Heating Other
Cooling Other
Fireplace N
Building
Sewer Public Sewer
Water None
Construction Status 94
Schools
Elementary Schools Meramec Elem.
Middle Schools Fanning Middle Community Ed.
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing Other
Listing Terms Other
Special Listing Condition None
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Bought with Sharonda Sutton