RE/MAX Results Commercial Division
Click Here to See
Our Office Locations

3227 Chippewa Street

St Louis, MO 63118

Property Overview
Price: $189,900
City: St Louis
County: St Louis City
Sale/Lease: Sale
Status: Active
MLS Number: 25032718
Property Description
Super well maintained all brick 2-story mixed-use building in the heart of the city. You don't want to miss out on this excellent opportunity that's perfect for an Owner/Occupant and/or Investor. You could live on the 2nd floor (in the spacious 2bed 1 bath 1,300sqft unit) & collect the $1,300 a month lease on the Main floor to cover your mortgage. This is also perfect for the savvy Investor that could collect rent from both units ($900/mth2mth & $1,300/main til 12/26) and take advantage of its solid 12.25% cap rate. Please see attached Rental Property Verification. Either way, it's a Win Win! Have a peace of mind w/ the newer systems throughout & the newly renovated Main floor that includes 2 bathrooms, 2 side rooms, an open floor plan & a kitchen hood system. The building has great bones and plenty of lower level storage. There is enclosed parking/yard out back & an oversized patio side walk on the front & side. Come grow & be a part of the Chippewa Business District & community.
Location
Featured Agent
John Engelbach
Advanced Search
State
Sale / Lease
Price
County / Counties
Zip Code(s)
Property Type(s)
Listing Brokered by MORE, REALTORS
^