3227 Chippewa ST new Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63118
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,042 sqft
Price per Sqft $46
Subdivision Elbreders Addition
MLS Listing ID 25032718
Year Built 1917
Property Description
Super well maintained all brick 2-story mixed-use building in the heart of the city. You don't want to miss out on this excellent opportunity that's perfect for an Owner/Occupant and/or Investor. You could live on the 2nd floor (in the spacious 2bed 1 bath 1,300sqft unit) & collect the $1,300 a month lease on the Main floor to cover your mortgage. This is also perfect for the savvy Investor that could collect rent from both units ($900/mth2mth & $1,300/main til 12/26) and take advantage of its solid 12.25% cap rate. Please see attached Rental Property Verification. Either way, it's a Win Win! Have a peace of mind w/ the newer systems throughout & the newly renovated Main floor that includes 2 bathrooms, 2 side rooms, an open floor plan & a kitchen hood system. The building has great bones and plenty of lower level storage. There is enclosed parking/yard out back & an oversized patio side walk on the front & side. Come grow & be a part of the Chippewa Business District & community.
Location
State MO
County St Louis City
Area 2 - Central East
Interior
Heating Forced Air,Natural Gas
Cooling Ceiling Fan(s),Central Air,Electric
Exterior
Exterior Feature Lighting
Parking Features false
Fence Fenced
Utilities Available Cable Available
Roof Type Flat
Building
Lot Description Corner Lot,Level,Near Public Transit
Water Public
Structure Type Brick,Vinyl Siding
Schools
Elementary Schools Froebel Elem.
Middle Schools Fanning Middle Community Ed.
High Schools Roosevelt High
School District St. Louis City
Others
Special Listing Condition Standard