3989 Meramec Street, St Louis, MO 63116 (MLS # 22061958)


Price $249,900
Status Active
Beds 0
Baths 0 Bath
Home size 3,384 sqft
Lot Size 5,729 sqft
Days on Market 2
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!
Property Type(s): Multi Family
Last Updated 9/23/2022 Tract Grand Gravois Add
Year Built 1939 Community South City
County St Louis City

SCHOOLS

School District St. Louis City
Elementary School Oak Hill Elem.
Jr. High School Long Middle Community Ed. Center
High School Roosevelt High

Additional Details

AIR CONDITIONING Yes
APPLIANCES Some Dishwasher(s), Some Insulated Window(s), Some Range Oven(s), Some Refrigerator(s), Some Shower Bath(s), Washer/Dryer
AREA South City
CONSTRUCTION Brick
GARAGE Detached Garage - 3-4 Car
HEAT Forced Air
LOT 5728 sq ft
LOT DIMENSIONS 57x125
PARKING Detached Garage - 3-4 Car
SEWER Public Sewer
SUBDIVISION Grand Gravois Add
TAXES 1679
WATER Public

Location

 

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