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About This Home

This 0-bedroom, 0-bathroom residential multi family at 3914 Chippewa Street in Saint Louis, MO is listed for $320,000 ($102 per sqft). Built in 1939, the home offers 3,128 sqft of living space on a 0.13 acres lot.

Agent Description

Excellent opportunity to add to your portfolio or jump into multifamily investing with this solid all brick 4 family in the heart of South St. Louis! Currently generating strong in place income with rents of $750, $750, $750, and $699 per month, offering immediate cash flow from day one.

One is rent paid for BJC so your rent is guaranteed. They have agreed to a rental increase of $750 per month if lease is renewed. Recent capital improvements include all new water heaters, and sewer lateral repairs helping reduce future maintenance expenses and improve long-term stability for a new owner.

This pitched roof offers low maintenance and is hard to find on 4 families! The property also features a valuable rear parking pad, a highly desirable amenity for tenants in the area. Spacious units with classic South City charm, and strong rental demand make this a great fit for both seasoned investors and house hackers looking to offset their mortgage with rental income.

Live in one unit while the others help pay the bills, or add a stabilized multifamily asset to your portfolio. Conveniently located near Civil Life Brewery, Friendly's, and super accessible to everything South City has to offer! Whether you’re looking for steady cash flow, long-term appreciation, or an owner-occupant investment strategy, this property checks all the boxes! One unit is vacant until 6/1 and easy to show.

Key Features

  • Built in 1939
  • 0.13 acre lot
  • 2 stories

Property Details

2 stories
1939

Amenities

HardwoodBasement

Monthly Cost Estimate

$1,711/mo

20% down · 6.5% · 30 years

Principal$231
Interest$1,387
Insurance$93

Estimates only. Actual payments may vary.

Location

3914 Chippewa Street

Saint Louis, MO 63116

Grand Gravois Park

Features & Amenities

Interior Features

Ceiling Fan(s)

Exterior Features

LevelFencing

Property Details

Flooring

Hardwood

Construction

Brick

Heating

Forced AirNatural Gas

Cooling

Ceiling Fan(s)Central AirMulti UnitsWall/Window Unit(s)Window Unit(s)

Appliances

Oven - GasRefrigerator

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 3914 Chippewa Street is listed at $320,000 ($102/sqft). The estimated monthly payment is $1,387 based on 20% down at 6.5% interest.

Key features include: Built in 1939, 0.13 acre lot, 2 stories. Interior Features: Ceiling Fan(s). Exterior Features: Level, Fencing.

This property is listed by Brian Miller and can be reached at 3146512261 or brian@stlmogul.com.

BM

Brian Miller

Agent at Mogul Realty

(314) 651-2261

Listed by Mogul Realty · View on Broker Site

MLS# 26031939· Source: listhub· Updated today

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3914 Chippewa Street, Saint Louis, MO 63116

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