3761 Meramec St, St. Louis, MO 63116, USA
Triangle 1 Created with Sketch. For Sale Triangle 1 Created with Sketch. $229,000 - Apartment Building
3761 Meramec St, 63116 7311 sq ft 8 Bedrooms 8 Bathrooms 1927 Year Built background Layer 1 10113 sq ft

This a 7311 sq ft all brick building built in 1927 with significant architectural appeal. There are 8 units with a private bedroom, refinished hardwood floors and large closets. Updates include newer forced air furnaces, newer thermal windows, and some new plumbing. The rents are currently at $445 a month and could be raised to $475 or $550 with some updates made.

Income $40,584

Taxes              $3,160
Insurance      $2,226
Water/trash  $3,172
Sewer              $2,540
Repairs           $3,826
Total              $14,924
Net                $25,660



Paying buyers agents 2.50%



Mike Shepherd



Invest St. Louis

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