2907 Chippewa Street

St Louis, MO, 63118

$1,275,000

$122 per ft²
$1,275,000
$122 per ft²
Active
Active
 - For Sale
carpenters-square
10,431 ft²
property_type
Multi-family
calendar
Built 1964
Opportunity to purchase a 20 unit apartment complex in south city, close to Cherokee Street, Tower Grove Park, and Benton Park. Complex features two buildings with a mix of 16 one bedroom units, and 4 two bedroom units. Two bedroom units are now renting for $725, and one bedrooms for $625. 18 of the 20 units are currently rented with the 2 vacant units in the process of being turned over. Units feature central air conditioning, hardwood floors, some units have updated cabinets. Complex features off street parking in the rear, and storage units in the basements for tenants. Located on a convenient bus line. Rents have been raised considerably recently with renovations to apartments and there is the ability to raise rents in the future. Solid brick buildings built in 1964 with pitched roofs. A majority of the units have recently been turned over and renovated. Many new furnaces and 18 units have central air along with numerous additional upgrades to the complex.
MLS® ID:
22047862
Updated:
10/3/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Other
Cooling
Electric
Heating
Forced Air

Exterior/Building Features

Lot Size
8,002 ft² lot
Sewer
Public Sewer

School Information

School District
St. Louis City
High School
Roosevelt High
Middle/Jr High
Fanning Middle Community Ed.
Elementary School
Froebel Elem.

Other Property Details

Area Name
Central East
Taxes
$2196
Tax Frequency
per YEAR
Garage
No
Parking
Parking Lot
View
N
County
St Louis City
Water Source
Public
Pool
No

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