UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,622 sqft
Price per Sqft $16
Subdivision Chouteau Place Add
MLS Listing ID 26026711
Style Traditional
Year Built 1908
Annual Tax Amount $273
Lot Size 3,550 Sqft
Acres 0.0815
Property Sub-Type 2-4 Units
Property Description
This is a sweat equity play, plain and simple. The Greater Ville has been on investors' radar, and this duplex is priced to move for the buyer who knows what to do with it. Get both units rent-ready, stabilize the income, and you've got a cash-flowing asset at a price point most investors only dream about finding.
The big-ticket items are already handled. Roof is only 3 years new — that's money in your pocket you won't have to spend. Pocket doors throughout add character you can't replicate cheap. New hot water heater is on-site, just needs installation. Somebody started the work. You finish it, you win.
At $42,900 for 2,622 square feet, the math is hard to argue with. Numbers work. The location makes sense. The only question is whether you're ready to roll up your sleeves.
Investors, landlords, and BRRRR buyers — this one's worth a look before it's gone.
Location
State MO
County St Louis City
Area 5 - North
Rooms
Basement 8 ft + Pour, Full
Interior
Heating Natural Gas
Cooling Central Air
Fireplaces Number 1
Fireplace Y
Exterior
Parking Features false
View Y/N No
Private Pool false
Building
Story 2
Water Public
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools Walbridge Elem. Community Ed.
Middle Schools Fanning Middle Community Ed.
High Schools Sumner High
School District St. Louis City
Others
Acceptable Financing Cash, Conventional, Private
Listing Terms Cash, Conventional, Private
Special Listing Condition Standard
Nearby School & Business
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