St Louis, MO 63118,2847 Chippewa ST
St Louis, MO 63118,2847 Chippewa ST
St Louis, MO 63118,2847 Chippewa ST
$209,200
Est. payment /mo
$217,900
4.0%
Est.Price: ?

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2,334 SqFt
SOLD DATE : 10/30/2023

Key Details

Sold Price $209,200

Property Type Multi-Family

Sub Type Multi-Family 2-4

Listing Status Sold

Purchase Type For Sale

Square Footage 2,334 sqft

Price per Sqft $89

Subdivision Kerrs

MLS Listing ID 23048147

Sold Date 10/30/23

Construction Status 113

Year Built 1910

Building Age 113

Lot Size 4,704 Sqft

Acres 0.108

Lot Dimensions 31 x 125

Property Description

SOLID two family perfect for a landlords portfolio who wants a cash flowing investment. Each unit is tenant occupied and recently renovated. Units rent for a total of $2290 monthly which is $27,480 annualized. 9.75% Cap Rate. Each kitchen features new flooring, new cabinets, and newer appliances. The 1st floor apartment features three bedrooms and one full bathroom. The 2nd floor apartment features four bedrooms and one full bathroom. The basement is large, dry, and includes separate w/d hookups for all units. Additionally, the property includes a rear deck, and private rear yard. Rear 2-car parking pad provides off street parking. A terrific property with low maintenance and perfect for your investment portfolio.

Location

State MO

County St Louis City

Area Central East

Interior

Heating Forced Air

Cooling Electric

Fireplace N

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Construction Status 113

Schools

Elementary Schools Woodward Elem.

Middle Schools L'Ouverture Middle

High Schools Roosevelt High

School District St. Louis City

Others

Ownership Private

Acceptable Financing Cash Only, Conventional

Listing Terms Cash Only, Conventional

Special Listing Condition None

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Listed by Mark Butler • Hybrid Real Estate
Bought with Alicia Johnson

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Jacob Geringer

+1(314) 570-6794

Broker | License ID: 2013031208

Broker License ID: 2013031208

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