5039-5041 Chippewa St - 5039 Chippewa 4 Unit Apartment Building Offered at $385,000 at a 6.20% Cap Rate Saint Louis, MO 63109

This charming 4-family will make a great opportunity for a savvy investor or an owner-occupant looking to have tenants offset their mortgage (so smart!). Each apartment is large! Apartments feature a living room, separate dining room, eat-in kitchen, full bath, rear bedroom & private rear decks! TWO of the 4 units were recently renovated within the year- including the addition of new HVAC systems! Just in time for STL heat waves. The other two units will not disappoint as well. Second floor apartments also have lovely balconies- great for the plant/garden lovers. Three apartments are leased for immediate income. Pictures of all units shown- pics of occupied units were taken prior to occupancy. One unit is vacant & available for viewing & ready for the wise investor to owner-occupy. Solid built building with excellent tenants in place. Truly a turn-key investment you'll be proud to own for many years to come. Conveniently located in the wonderful Northampton Neighborhood. Walking distance to many South City favorites such as Piper's Tea & Coffee, Bud's Pizza, The Golden Hoosier & the soon to re-open Uncle Bill's! Don't miss out on this incredible opportunity to expand your real estate portfolio or find your perfect home benefiting from the rental income! Occupancy passed for vacant unit. Ready for immediate occupancy.