3761 Meramec St, St. Louis, MO 63116, USA
Triangle 1 Created with Sketch. For Sale Triangle 1 Created with Sketch. $239,900 - 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

Expenses
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%

 

CONTACT:

Mike Shepherd

mike@investinstlouis.com

314-662-6453

Invest St. Louis

Due Diligence

The SouthSide Investment Club does not verify property information. Do your own due diligence on all properties.

Property Map

Similar Properties

Be the FIRST to KNOW

Enter your email below and we will send you a summary of the new properties everyday!

You have Successfully Subscribed!