3136 Chippewa Street

St. Louis, MO 63118

$315,000
Price
—
Beds
3,922 Sq. Ft.
$80 / Sq. Ft.
3,922
Sq. Ft.
$80
per Sq. Ft.

Description

Motivated Seller! Investors don't miss this rehab Take Over Opportunity with a $25K rehab credit to finish off the property! This large townhouse style duplex is 95% completed, this is a perfect opportunity to bring it over the finish line and create a cash cow of a rental property! Both townhouse style units feature 3 bedrooms 2 full bathrooms each with projected rent per apartment of $1,650 each that comes out to $39,600 per year in potential rental income and a 10% cap rate. The building has all...Motivated Seller! Investors don't miss this rehab Take Over Opportunity with a $25K rehab credit to finish off the property! This large townhouse style duplex is 95% completed, this is a perfect opportunity to bring it over the finish line and create a cash cow of a rental property! Both townhouse style units feature 3 bedrooms 2 full bathrooms each with projected rent per apartment of $1,650 each that comes out to $39,600 per year in potential rental income and a 10% cap rate. The building has all new plumbing, a Lenox furnaces (2 per unit), new 200 amp panels, new bathrooms, lighting, kitchens, flooring, trim and a ton more. This an "AS IS" sale, seller to make no repairs, no city inspections and buyer can get inspection for their info only.
  1. Listed by Daniel Dawson • Niche Advisors

Amenities

  • Air Conditioning
  • Forced Air
  • Off-Street Parking
  • Street Parking
LISTING UPDATED: 12/04/2024 01:58 PM

Property Details for 3136 Chippewa Street

StatusActive
MLS #24058204
Days on Market84
Taxes$627 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family 2-4
Year Built-
Lot Size0.15 AC / 6,347 SF
CountySt. Louis Independent City

Building Information for 3136 Chippewa Street

Stories-Residences-Year Built-Building Size-Lot Size0.15 AC / 6,347 SF

Property Information for 3136 Chippewa Street

Summary
Location and General Information
  • City: St Louis
  • County Or Parish: St Louis City
  • Latitude: 38.587217
  • Longitude: -90.237736
  • Neighborhood: Dutchtown
  • Postal Code: 63118
  • State Or Province: MO
  • Sub division Name: St Louis Commons Add
  • Postal Code Plus 4: 3632
Taxes and HOA Information
  • List AOR: St. Louis Association of REALTORS
  • Parcel Number: 1621-00-0160-0
  • Tax Annual Amount: $627.00
  • Tax Year: 2023
Owner
  • Township: St. Louis City
  • Owner Name: Ko-1 Investment Corp
Parking
  • Attached Garage: No
  • Parking Features: Off Street, On Street
School Information
  • Elementary School: Clay Elem.
  • High School: Roosevelt High
  • High School District: St. Louis City
  • Middle Or Junior School: L'Ouverture Middle
Property
Lot Information
  • Lot Size Acres: 0.1457
  • Lot Size Dimensions: 50x125
  • Lot Size Source: County Records
  • Lot Size Square Feet: 6347.0
  • Property Sub Type: Multi-Family 2-4
  • Property Type: Residential Income
Property and Assessments
  • Above Grade Finished Area: 3922.0
  • Above Grade Finished Area Source: Public Records
  • Documents Count: 0
  • Building Desc: Duplex,Townhouse,2 Sty Townhouse
  • Photos Count: 39
  • Videos Count: 0
  • Disclosures: Unknown,City,Occupancy Perm Req,Sellers Discl Not Av
  • Ownership Type: Private
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Heat Source: Gas
  • Cooling: Electric
  • Heating: Forced Air
  • Heating YN: Yes
Multi Family
Multi-Family Information
  • Type of Units: 2-Family
Income & Expenses
  • Net Operating Income: $.00
  • Operating Expense Includes: Other
  • Total Expenses: 0.00
Unit 1
  • Unit Full Baths: 2
  • Unit Half Baths: 0
  • UnitType Beds Total: 3.0
Unit 2
  • Unit Full Baths: 2
  • UnitType Beds Total: 3.0
Rental
Rent Information
  • Lease Term: One or More Vacant
  • Tenant Pays: Other

Property History for 3136 Chippewa Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3136 Chippewa Street

Taxable ValueLand$1,710Additions$4,860Total$6,570
Tax Record2020$566 ($47 / month)
Home Facts
Baths4Total Finished SqFt3,922 SqFtAbove Grade Finished SqFt3,922 SqFtStories2Lot Size6,348 SqFtStyleQuadraplexYear Built1909Year Renovated1909ZoningFCountySAINT LOUIS CITYAPN16210001600

Schools near 3136 Chippewa Street

This home is within St. Louis City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6
Rating
School
Distance
Froebel Elementary School
PublicPK to 5

Long Middle Community Ed. Center
Public6 to 8

Roosevelt High School
Public9 to 12

Carnahan Middle
Public6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3136 Chippewa Street is a multi-family home for sale in St. Louis, MO 63118. This property was listed for sale on September 12, 2024 by Niche Advisors, it's currently listed at $315,000. It has been on the market for a total of 84 days and was last sold on May 8, 2013. This listing's school district is St. Louis City School District. Nearby schools include Froebel Elementary School, Long Middle Community Ed. Center and Roosevelt High School. 3136 Chippewa Street is a 0-bed, 0-bath, 3,922 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Niche Advisors

Based on information from one of the following Multiple Listing Services: MARIS, Bagnell Dam Association of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MARIS, Bagnell Dam Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.