4125 Chouteau Ave, 63110
$350,000 (Listed Sold)

Opportunity to purchase historic two-family on Chouteau in The Grove across from the brand new Chroma apartments

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Invest in St. Louis

Located across the street from the new Chroma apartments, within walking distance to the Cortex, Wash U School Of Medicine, Barnes Hospital and all of the restaurants on Manchester. This architecturally significant building built in 1895 has 3 bed 2 full bath units. The building underwent a full renovation including updated kitchens with lots of cabinet space and updated bathrooms, central air with HVAC replacement, updated PVC plumbing, updated electric, and second floor laundry. There is a fenced backyard with off street parking in the rear of the building with 4 parking spots. One unit is currently rented for $1,315 a month and one unit is vacant with projected rent at $1,600. This building would be ideal for an owner occupant or investor. Fully rented this building could gross $2,915 a month and $34,980 annually with expenses at $5,112 with a potential annual net income of $29,868. Similar size 3 bed 2 bath unit across the street rents for $3,000 a month. Can be purchased with 925 Sarah.

 

Paying buyers agents 2.5%

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Property Details:
Square Footage: 2,940 County: St. Louis City Units: 1-4 Condition: Rehab Needed Occupancy: Some Units Vacant Parking: Off Street Parking, On Street Parking Heating: Gas Heat Cooling: Central Electric Construction: Brick Basement: N/A
Home Amenities:
  • Some Dishwashers
  • Microwaves
  • Fridge
  • Washer/Dryer
Agent Details:
Owner / Broker: Jordan Schoen Phone: (314) 255-5117 Fax: (314) 480-7053
Contact Agent: Please use the form below to contact agent Jordan Schoen about this listing.

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