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$200,000   Price Analysis
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3812 Chippewa St
Saint Louis, MO 63116
4 bed 4 bath 3,570 SqFt ($56/SqFt)
5,793SqFt lot. Built 1928
Listed 2024-05-18, Taxes $1,313
Ⓧ USDA Ineligible
due to location

near Saint Louis

Great value add property located in south city near Tower Grove Park to add to your portfolio or to get started in your real estate journey!

* Has Contingent Offer *

This building offers 4 - 1 bed/1 bath units complete with established tenants on month to month. Immediate cash flow opportunity now using existing tenants or choose to fix, flip and rent for higher yields. The lower level has been updated with new lvp flooring, freshly painted white walls and fixed trim. Needs some work: roof needs to be fixed, cosmetic exterior and interior, decks need fixing. However, there are 4 water heaters, new electrical, lower level renovations and cable hookup. Interior photographs and video coming week of 6/17/24!

Don't miss out on your opportunity to captalize on this property especially at $56.02 price per square foot! Nearby fully renovated quads sell $365, 000. Also available as a bundle package deal: 3737 Hydraulic Ave 63116 $130k and 3709 Hydraulic Ave 63116 $150k. Own all 3 for $470k!


Presented by Lisa Mack at
Coldwell Banker Realty - Gundaker.
Listing Agent Photo

Property MLS #24031239 from MARIS

Bedrooms: 4

Total Rooms: 12

Some Microwave(s)
Some Range Oven(s)
Some Shower Bath(s)
Some Smoke/Alarm Det

Full Bathrooms: 4
Bathroom 1 Features: Some Microwave(s), Some Range Oven(s), Some Shower Bath(s), Some Smoke/Alarm Det

Heating Features: Forced Air, Individual Furnaces
Heating Fuel: Gas
Water Heaters: Gas

Lot Size Acres: 0.133
Lot Size Dimensions: 43x147
Lot Size Source: County Records
Lot Size Square Feet: 5793

Parking Features: 3-4 Car Attached Grg, On Street Parking

Elementary School: Oak Hill Elem.
High School: Roosevelt High
Middle School: Fanning Middle Community Ed.
School District: St. Louis City

Fanning Middle Community Ed. is a public middle school located approximately 0.6 miles away.
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Oak Hill Elementary School is a public elementary school located approximately 0.8 miles away.
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Roosevelt High School is a public high school located approximately 1.1 miles away.
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Resurrection of Our Lord is a private elementary and middle school located approximately 0.3 miles away.
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Gross Income: 24000.00
Tenant Pays: Cable TV/Satellite, Electric, Gas, Trash Removal

Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Total Rooms in Unit-1: 3
Total Rooms in Unit-2: 3
Total Rooms in Unit-3: 3
Total Rooms in Unit-4: 3
Unit-1 Description: Dining, Family Room
Unit-2 Description: Dining, Family Room
Unit-3 Description: Dining, Family Room
Unit-4 Description: Dining, Family Room

Basement
Deck
High Spd Connection
Partial Fencing
Patio
Storage Room Avail
Annual Tax Amount: 1410
Source Listing Status: Active Under Contract
County: St Louis City
Directions: GPS friendly
Tax Year: 2023
Ownership: Private
Source Property Type: Multi-Family 2-4
Area: South City
Source Neighborhood: Gravois Park
Subdivision: Grand Gravois Park add
Source System Name: C2C
Coming Soon Date: 2024-05-19

YearAssessments
Building + Land
Total
Tax
2022$14,030 + $1,520
$15,550
$1,313
2021$14,030 + $1,520
$15,550
$1,311
2020$13,110 + $1,520
$14,630
$1,226
2019$13,110 + $1,520
$14,630
$1,222
2018$10,830 + $1,520
$12,350
$1,067
2017$10,830 + $1,520
$12,350
$1,050
2016$8,130 + $1,520
$9,650
$836
2015$8,130 + $1,520
$9,650
$760
2014$8,110 + $1,520
$9,630
$758
2013$8,110 + $1,520
$9,630
$758
2012$11,990 + $2,280
$14,270
$1,097
2011$11,990 + $2,280
$14,270
$1,056
2010$17,420 + $2,280
$19,700
$1,390
2009$17,420 + $2,280
$19,700
$1,337
2008$20,480 + $2,280
$22,760
$1,500
2007$20,480 + $2,280
$22,760
$1,503

Listed 2024-05-18
$200,000
MARIS
Sold 2010-11-01
$0
MARIS
Listed 2010-09-27
$79,900
MARIS

Net Operating Income: 22000.00

Total Square Feet Living: 3570
Year Built: 1928
Construction Materials: Brick/Stone Msn Pred
Living Area Source: County Records
Property Age: 96
House Style: 4-Family
Total Above Grade Sqft Area: 3570

Sewer: Public
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.