3989 Meramec Street, St Louis, MO 63116

$249,900
List Price
$249,900
Days on Market
0
MLS#
MAR22061958
Status
PENDING
Lot Size
5,728
Sq. Ft. Above
3,384
Acres
0.1315
Year Built
1939
Subdivision
Grand Gravois Add
Municipality
St. Louis City
County
St Louis City
Year Built
1939
Listing Type
Multifamily

Property Description

Showings start Saturday morning! Fantastic Multi-Family opportunity in Dutchtown! This 4-unit South City investment has excellent rental income at $2575 /mo (figuring vacant unit at $650). Well maintained, all brick building has new roof (2021), vinyl windows, AND a Cap Rate of 9.7%. Many updates over the years, including updated lighting, refinished hardwood floors (2 units), and updated Kitchens and Baths in most units, all while maintaining the historic charm of the original wood floors & millwork. Washers/Shared Dryers and storage in basement. Close to public transportation, parks, restaurants, & entertainment in your favorite neighborhoods- South Grand, Cherokee Street, and Bevo Mill!

Additional Information

School District
St. Louis City
Elementary School
Oak Hill Elem.
Jr. High School
Long Middle Community Ed. Center
Sr. High School
Roosevelt High
Construction
Brick
Parking Description
Detached Garage - 3-4 Car
Cooling
Window Unit(s), Ceiling Fan(s)
Sewer
Public Sewer
Heating
Forced Air
Water
Public
Heat Source
Gas
Price Per Sq. Ft
73.85
Taxes Paid
1679
Selling Terms
Cash Only, Conventional, FHA
Transaction Agent Commission
1
Buyers Agent Commission
2.7

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty STL.

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