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    5418 Chippewa

    St Louis, MO 63109
    • $260,000
    • STATUS: Closed
    • ON SITE: 57 days
    • ID#: 20091246
    Sold - 02/25/2021
    $260,000
    SOLD - 02/25/2021
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,180
      SQFT
    • $82
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1944
    County:
    Area:

    School Information

    Elementary School:
    High School:
    School District:

    Description

    Well maintained 4-family investment opportunity in the ever-stable, Southampton neighborhood. Centrally located with easy access to all of the city's main highways, South City's famous parks, the Macklind District, Hampton Village, St. Louis Hills, and so much more! Hardwood flooring throughout living areas, with classic finishes to match the building's Mid-Century vibe. 3 long term tenants in place with one vacancy, making this the perfect option for an owner / occupant investor looking to get into property investing, or to add to their growing portfolio. Central Heat & AC in all 4 units. 4 car parking pad in back at alley. Rents are currently below market, allowing plenty of room to increase CAP rates over time. Call today to schedule your private (or virtual) viewing!

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    Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-03-04T18:49:16.477.

    Parson Realty Group: 314-614-9731
    www.parsonrealtygroup.com/homes/113012577
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    5418 Chippewa St Louis, MO 63109

    • Price: $270,000
    • Status: Closed
    • Updated: 22 min ago
    • ID#: 20091246
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    3,180
    SQFT
    $82
    $/SQFT
    1944
    Built
    Neighborhood:
    Chatsworth Add
    County:
    St Louis City
    Area:
    South City
    Elementary School:
    Buder Elem.
    Middle School:
    Long Middle Community Ed. Center
    High School:
    Roosevelt High
    School District:
    St. Louis City
    Property Description
    Well maintained 4-family investment opportunity in the ever-stable, Southampton neighborhood. Centrally located with easy access to all of the city's main highways, South City's famous parks, the Macklind District, Hampton Village, St. Louis Hills, and so much more! Hardwood flooring throughout living areas, with classic finishes to match the building's Mid-Century vibe. 3 long term tenants in place with one vacancy, making this the perfect option for an owner / occupant investor looking to get into property investing, or to add to their growing portfolio. Central Heat & AC in all 4 units. 4 car parking pad in back at alley. Rents are currently below market, allowing plenty of room to increase CAP rates over time. Call today to schedule your private (or virtual) viewing!
    Exterior Features

    Building Desc Flat/Shotgun/Ext Ent Construction Brick/Stone Msn Pred Lot Dimensions 44X120 Parking Description Off StreetOn Street ParkingOpen Lot

    Interior Features

    Appliances Some Some Refrigerator(S)Some Range Oven(S) Cooling Central-Electric Heat Source Gas Heating Forced Air Miscellaneous BasementLaundry Facl-Commty Water Heater ElectricGas

    Property Features

    Assoc Fee 0 Assoc Fee Paid None Association St. Louis Association of REALTORS Cable Available Yes Conditions Unknown Contingent Info Subject To FinancingSubject To Inspec. Disclosures Flood Plain NoOccupancy Perm Req Fixed Expenses SewerTrash RemovalWater Gross Operating Income 26340.00 Lot Size Source County Records Net Income 15155.00 Operating Expenses Lawn CareMaintenanceManagement Ownership Private Possession At ClosingNegotiable Possible Buyer Fees YN Yes Property Type Multi-Family 2-4 Selling Terms CashConventionalFhaPrivateVa Sewer Public Special Listing Conditions None Square Footage Source County Records Tax Year 2020 Taxes Paid 2602 Tenancy Type 1 Or More VacantLeasesMonth To Month Tenant Pays Cable Tv/SatelliteElectricGas Total Expenses 11185.00 Transaction Type Sale Type Of Units 4-Family Water Public

    Listing provided courtesy of Garcia Properties. Listing information © 2021 Mid America Regional Information Systems, Inc.
    Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-03-04T18:49:16.477.

    Parson Realty Group: 314-614-9731
     
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    Parson Realty Group
    856 Waterbury Falls Dr Suite 200
    O'Fallon MO, 63368