$174,900

3728 Chippewa

St Louis MO, 63116

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!

Details

MLS#20088975
Listing TypeFor Sale
Sub-TypeResale
StatusPending - Show
Year1943
Days On Site35

Features

SQ Feet3,332
Units4
Building(s)1

Market Activity 63116

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Area Information
StateMO
CountySt Louis City
CitySt Louis
Zip Code63116
AreaSouth City
Listing VS Median (in 63116)
Price:
$174,900
low | high
Med:
$149,900
64.293882218411% of Average
SqFt:
3,332
low | high
Med:
825
100% of Average
$ / SqFt:
$52
low | high
Med:
$182
100% of Average
On Site:
35
low | high
Med:
39
89.74358974359% of Average
Listing Updated: January 18, 2021 8:01:08 PM PST
Jack Luzecky LogoMLS Number: 20088975
Listing Provided By:
Jack Luzecky  of  1 Degree Realty
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the St. Louis Association of REALTORS.