227 Schirmer, St Louis, MISSOURI 63111

$99,500
3,290
SqFt
List Price
$99,500
Price Change
▼ $15,450 1591408934
Days on Market
64
MLS#
20030756
Status
ACTIVE UNDER CONTRACT
Living Sq. Ft
3,290
Lot Size
6,708
Sq. Ft. Above
3,290
Acres
0.154
Year Built
1865
Age
155
Subdivision
Ivory John C
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

This spacious 3,290 sf duplex is turnkey and ready to cash flow for years to come. Originally built in 1865 as a 4-family, the building now has two townhouse style units. Each one features living room, kitchen, two large bedrooms, 1.5 bath, bonus room,, in-unit laundry hookups, tall ceilings, and a breezy balcony. The current owners did an extensive rehab in 2015 including new plumbing, furnaces, kitchens, and flooring. The second floor of each unit has central air and the first floor is cooled with window units. Each side has its own roof; one side is new roof and one side may need replacement. Tenants share an unfinished basement with storage, large unfenced yard, and off-street parking. Owner pays for sewer, water, trash, lawn, and repairs; tenants pay for electric and gas. The property is well-maintained by a professional management company that would be happy to continue if you like.

Additional Information

Gross Operating Income
16680
Total Expenses
$6,280
School District
St. Louis City
Elementary School
Mason Elem.
Jr. High School
Lyon-Blow Middle
Sr. High School
Roosevelt High
Construction
Brick/Stone Msn Pred
Parking Description
Off Street
Operating Expenses
Fixed Expenses, Lawn Care, Maintenance, Management, Snow Removal
Cooling
1 Window/Wall, Central-Electric
Sewer
Public
Heating
Forced Air
Water
Public
Heat Source
Gas
Price Per Sq. Ft
30.24
Taxes Paid
471
Buyer's Agent Commission
2.25
Selling Terms
Cash, Conventional, Exchange

Mortgage Calculator

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Listing courtesy of Realty Exchange.

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