5010 Chippewa St., Saint Louis, MO 63109
$256,000 (Listed Sold)

Updated turn-key four family in the Southampton neighborhood

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Invest in St. Louis

Excellent opportunity to purchase an updated turn-key four family in the Southampton neighborhood. Features include renovated eat-in kitchens with updated cabinets, newer appliances including dishwasher, microwave, fridge and garbage disposal. Units have updated baths, refinished hardwood floors with central air. The first floor units which rent for $700 have 4 rooms with bonus room including closet which could be used as a kids bedroom, office, storage or walk-in closet. The second floor units rent for $750, when fully rented the monthly gross income is $2,900 a month, $34,800 annually with expenses of $7,002 creating an annual net income of $27,798. Building has a decorative clay tile roof, new large parking pad in the rear of the building which fits 6 vehicles, newer condensers with cages, newer siding, newer furnaces, recently updated electric, updated PVC plumbing, separate storage for all units, washer dryer hookups for all tenants.

 

Paying buyers agents 2.7%

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Property Details:
Square Footage: 3,176 County: St. Louis City Units: 1-4 Condition: Turn Key Occupancy: Fully Occupied Parking: Off Street Parking Heating: Gas Heat Cooling: Central Gas Construction: Brick Basement: Other
Home Amenities:
  • Some Dishwashers
  • Disposals
  • Vinyl Windows
  • Wood Windows
  • Microwaves
  • Fridge
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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