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.
Lot & Building Features
CoolingElectric
Heat SourceGas
HeatingForced Air
Parking DescriptionOff Street, On Street
SewerPublic Sewer
Tax Year2023
WaterPublic
Lot Dimensions50x125 ft
Community and Schools
Elementary SchoolClay Elem.
Junior High SchoolL'Ouverture Middle
Senior High SchoolRoosevelt High
Price History of 3136 Chippewa Street, St Louis, MO
Date
Name
Price
Difference
10/15/2024
Price Adjustment
$385,000
2.53%
09/12/2024
Listing Price
$395,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
3136 Chippewa Street (MLS #24058204) is a multi-family listing located in St Louis, MO.
This is a multi-family listing with a lot of 6,347 sqft (or 0.15 acres). This property was listed on 09/12/2024 and has been priced for sale at $385,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
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Listing information courtesy of: Niche Advisors
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