Multi-Family for Sale: 3725 Meramec Street, St Louis, MO 63116 SOLD
$226,250
$226,250
3725 Meramec Street,
St Louis, MO 63116 SOLD
$226,250
Selling Price: $226,250
Original List Price: $247,500
Sold at 91.4% of list price
Sold Date: 11/08/2022
Type Multi-Family
Year Built 1928
Taxes Paid $1,628
City St Louis
Area South City
County St Louis City
Subdivision Dutchtown
MLS 22034430
Status Closed
DOM 191 days
---100% occupied four-family in quiet pocket of South City's Dutchtown neighborhood. Below market rents offer significant value-add upside via rent stabilization to new owners. Vintage wood finishes including solid wood doors, cabinets, and original wood flooring in living areas. Walking distance to bus stops, banks, restaurants, drug/grocery stores, and local amenities. All units are separately metered with gas/electric paid by Tenants. Washer/Dryer located in basement. Each unit with a balcony and/or walkout patio and parking in alleyway and/or off-street.
---Property sold in conjunction with 3409 Osage Street (0.6 mi away). MLS ID: 22034425. Seller prefers to sell as portfolio. Financials reflect the portfolio (both properties combined). Units are 100% occupied and tours will be provided upon the acceptance of a contract. Please do not disturb Tenants.
---**REDUCED** PURCHASE PRICE FOR BOTH OSAGE & MERAMEC (8 UNITS) IS $459,900.00.
Lot & Building Features
Cooling Other
Heat Source Other
Heating Other
Parking Description On Street
Sewer Public Sewer
Tax Year 2021
Water None
Lot Dimensions 4560 ft
Community and Schools
Junior High School Fanning Middle Community Ed.
Senior High School Roosevelt High
Price History of 3725 Meramec Street, St Louis, MO
Date | Name | Price | Difference |
---|---|---|---|
09/19/2022 | Price Adjustment | $226,250 | 12.98% |
07/08/2022 | Price Adjustment | $260,000 | 47.47% |
06/16/2022 | Price Adjustment | $495,000 | 100.00% |
05/31/2022 | Listing Price | $247,500 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
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