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2845 Chippewa Street

St Louis, MO 63118
1,598 sqft
$65,000
Photo of 2845 Chippewa Street St Louis MO 63118

Details

Calling All Investors!!! Get ready for an exciting rehab opportunity in the Gravois Park Commercial District! This property offers fantastic potential for positive cash flow, whether you choose to develop it as a 3-bedroom, 2.5-bath single-family residence or a duplex. It's an ideal chance to build equity in your portfolio with a build-to-rent strategy. The spacious two-family home is perfectly situated in Gravois Park and can be easily converted into a single-family home. With similar home renovations in the area reaching over $250K to $300K, this is a great way to potentially double your equity. Endless possibilities await! Property being sold AS IS.

Specs

Type Single Family
Style 2 Story
Architecture Other
Square Footage 1,598 sqft
Lot Size 0.07 acres
Year Built 1891
Taxes Paid $448

Lots & Building Features

Architecture Other
Construction Brick Veneer
Cooling None
Heat Source Other
Heating Other
Parking Description Off Street
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions .0683 ft
Fireplace Locations None

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Financing

$
20%
0.68923076923077%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City St Louis
County St Louis City
School District St. Louis City
Subdivision Kerns Add

Schools

Elementary School Froebel Elem.
Junior High School Long Middle Community Ed. Center
Senior High School Roosevelt High
Allen Brake & Denise Bryant, Keller Williams Chesterfield