3401 Chippewa Street
Property Description
Immediate stream of income. Beautiful mixed-use property. 5 residential units and 1 commercial space. Commercial space is a daycare on a lease paying $1250 per month. The 5 residential units bring in another $3,395 per month. There is 1 large efficiency unit, 1 one bedroom lofted unit, top 2 floors is a massive 2 bedroom townhome (a must see) and 2 two-bedroom townhouse units. Great back-yard courtyard with brick and landscaping. There are 5 parking spaces off street and plenty on on-street parking. Every square foot has central air and forced air heat. All units have w/d hook-up and some have fireplaces. All units occupied with long term, responsible tenants long term tenants.3 Tenants are Section 8. Do not let this property pass you up. This is not a typical building in the area. Shows well. Do not disturb tenants.
Broker Details
RE Source, LLC (314) 351-4099
MLS ID: SJADEARI2 State License Number: 2019025453
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $495,000 |
| No. of Units: | 5 |
| Year Built: | 1904 |
| Lot Size: | 12,360.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $99,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 0 |
ID: 3yd-MARISMO-26032559
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