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Non-MLS Package Deal for 4 South City Multi-families

3113-3115 Chippewa St., St Louis 63118
$615,000

Description

Up for sale is a package deal of 4 multi-family buildings which are all located in South St. Louis City. Here is some brief information on each of them:

3113-3115 Chippewa, 63118 – Formerly an 8 family, 3113 Chippewa is now a 6 unit property that overlooks an attached lot (3115, included). The 4 units that were originally on the main floor were converted into 2 larger units, each with 3 bedrooms and 2 full baths. If desired, these units could be converted back to their original floor plan with minimal work. The remaining 4 units on the 2nd floor are still private, 1 bedroom units. The building is ready for occupancy and rents are projected at $650 for the 3 bed units and $475 for the 1 bedrooms.

3236 Pennsylvania, 63118 – This duplex property is walkable to the highly popular Cherokee street which is filled with local bars, restaurants, and retail shops, which makes it easy to rent. The 1st floor is rented at $675 and the 2nd floor is rented to a long-term tenant for a below-market rate of $510.

3425 Winnebago, 63118 – This duplex property offers two true 2 bedroom units with eat-in kitchens and historic, architectural charm. The building is on a corner lot with a privacy fence as well as a 2 car garage, which could be rented for additional income. The rents on the units are at $650 & $675.

3629 Wilmington, 63116 – Located near the beautiful Carondelet Park & the YMCA Rec-plex, this duplex property offers a great layout, desirable updates, and easy rentability. The current rents are $770 & $800.

All information listed regarding square footage is an approximation and should be verified by purchaser.

Unit Details

Unit Rent Rooms Beds Baths Sqft Lease End Date

3113 Chippewa #AB

6 3 2 1530

3113 Chippewa #CD

6 3 2 1530

3113 Chippewa #E

3 1 1 765

3113 Chippewa #H

3 1 1 765

3113 Chippewa #G

3 1 1 765

3113 Chippewa #F

3 1 1 765 4/30/2020

3236 Pennsylvania #1F

$675 / mo 4 2 1 1078 3/31/2021

3236 Pennsylvania #2F

$510 / mo 5 2 1 1078 10/31/2019

3425 Winnebago #1F

$650 / mo 4 2 1 1575 12/30/2019

3629 Wilmington

$770 / mo 4 2 1 1340 4/30/2020

3629 Wilmington #A

$800 / MO 4 2 1 1340 8/31/2020

3425 Winnebago #2F

$675 / MO 4 2 1 1575 12/31/19

Detail

Updated on September 3, 2019 at 2:56 pm

  • Status: For Sale
  • Price: $615,000
  • Units: 12
  • Property Type: Multi-Family 5+
  • Address: 3113-3115 Chippewa St.
  • City: St. Louis
  • State/county: St. Louis City
  • Zip/Postal Code: 63118
  • Neighborhood: Gravois Park
  • Country: United States

Contact info

Riahna Kastner
Riahna Kastner
314.332.1044
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