$235,000

3908 Chippewa

St Louis MO, 63116

Description

Well maintained and fully leased 4 unit building. Above market rents with properly screened tenants (the lowest rent is a solid long term tenant from before the current owner/management took over). The unit that is available for viewing is already leased with the lease starting on October 1st. The units generally feature newer appliances, fresh paint, hardwood floors, refreshed bathrooms, and central heat and ac. Newer HVAC systems and water heaters. Units are individually metered. Each unit has a conformable layout and are true one bedroom apartments (no walkthrough bedrooms). Professionally managed with management very open to continuing management of the building (Listing brokerage is also the property management company) Please do not disturb tenants. You may view the one open unit and the full basement. Other units can be viewed with an accepted contract during your inspection period. Please submit on a special sales contract.

Details

MLS#20064664
Listing TypeFor Sale
Sub-TypeResale
StatusPending - Show
Year1941
Days On Site46

Features

SQ Feet3,318
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:
$235,000
low | high
Med:
$174,500
75.744680851064% of Average
SqFt:
3,318
low | high
Med:
2,088
87.070524412297% of Average
$ / SqFt:
$71
low | high
Med:
$84
32.002323306432% of Average
On Site:
46
low | high
Med:
57
80.701754385965% of Average
Listing Updated: 10/19/2020
Warren Popp LogoMLS Number: 20064664
Listing Provided By:
Warren Popp  of  Heritage Properties Realty LLC