3136 Chippewa ST Active Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63118
Key Details
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Active
Purchase Type For Sale
Square Footage 3,922 sqft
Price per Sqft $80
Subdivision St Louis Commons Add
MLS Listing ID 24058204
Lot Size 6,347 Sqft
Property Description
Motivated Seller! Investors don't miss this rehab Take Over Opportunity with a $25K rehab credit to finish off the property!! This large townhouse style duplex is 95% completed, this is a perfect opportunity to bring it over the finish line and create a cash cow of a rental property! Both townhouse style units feature 3 bedrooms 2 full bathrooms each with projected rent per apartment of $1,650 each that comes out to $39,600 per year in potential rental income and a 10% cap rate. The building has all new plumbing, a Lenox furnaces (2 per unit), new 200 amp panels, new bathrooms, lighting, kitchens, flooring, trim and a ton more. This an "AS IS" sale, seller to make no repairs, no city inspections and buyer can get inspection for their info only.
Location
State MO
County St Louis City
Area Central East
Interior
Heating Forced Air
Cooling Electric
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Clay Elem.
Middle Schools L'Ouverture Middle
High Schools Roosevelt High
School District St. Louis City
Others
Acceptable Financing Cash Only,Conventional
Listing Terms Cash Only,Conventional
Special Listing Condition None