SoldApr 28, 2016

Listed by Sara Blandino from Realty Exchange

Bought with Peter MacKercher from Mogul Realty

Source: Mid America Regional Information Systems, Inc. #15050209

3855 Meramec St, St. Louis, MO, 63116

Amount undisclosed

1978 sq. ft.
3833 sq. ft.

MultiFam

30+ days on the market

Sold: Apr 28, 2016

What's around 3855 Meramec St

About this property

INVESTOR ALERT! Great Renovated 2-Family Apartment Building In South City. Located right in between Tower Grove South & Holly Hills! Both Units Are True 3 Bedroom & Leased To Great Tenants For $650/Month. Tenants Pay Gas & Electric Utilities. Offered At A 14.5% Cap Rate. Updated: Electric Service & Panels, Ac, Furnaces, Plumbing & Stacks, Kitchens, Baths, Roof (Gable Roof - Not Flat!), Windows, Flooring, Appliances, Private Carport Parking, Etc. All These Updates Keep Owner Expenses Extremely Low. Close To Tower Grove & Carondelet Parks, South Grand Business District, Schools, Grocery Stores, Dining, Nightlife, Ted Drews, And Much More. Each Unit Off Street Parking And Private Front/Rear Entrances. Attractive Brick & Stone Construction Is Appealing To Tenants And Durable, Providing Owner A Low Maintenance Income Property. A Solid "Get It And Forget It" Addition To Your Portfolio. Will Not Disappoint Even The Most Particular Buyer. Priced Right, Seller Is Firm. Low Offers Not Accepted.

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