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$189,500
26055708 MLS ACTIVE Status
3642 Salena Street is an all-brick four-family in Marine Villa, built in 1894 - three stories, roughly 5,100 square feet per public record, on a 50 x 80 lot with a full unfinished basement. Three of the four units are vacant and one is occupied, giving a buyer immediate access to most of the building and a clear runway to reposition it. The bones are here: masonry construction, tall ceilings, original wood trim and mantels in several units, and separate electrical panels labeled by floor. Gas forced-air heat and gas water heaters are located in the basement. Finishes throughout are dated, and that is exactly the opportunity. At $189,500 - about $47,375 per unit - there is real room to update the interiors and push rents well above where this building sits today. Marine Villa is minutes from Anheuser-Busch, I-55 and downtown, with Cherokee Street and Soulard close by. Sold strictly as-is. Seller will make no repairs and gives no warranties. Buyer to verify unit count, square footage, rents, systems and condition.

3642 Salena St, St Louis

$575,000
26032559 MLS ACTIVE Status
Immediate stream of income. Beautiful mixed-use property. 5 residential units and 1 commercial space. Commercial space is a daycare on a lease paying $1250 per month. The 5 residential units bring in another $3,395 per month. There is 1 large efficiency unit, 1 one bedroom lofted unit, top 2 floors is a massive 2 bedroom townhome (a must see) and 2 two-bedroom townhouse units. Great back-yard courtyard with brick and landscaping. There are 5 parking spaces off street and plenty on on-street parking. Every square foot has central air and forced air heat. All units have w/d hook-up and some have fireplaces. All units occupied with long term, responsible tenants long term tenants.3 Tenants are Section 8. Do not let this property pass you up. This is not a typical building in the area. Shows well. Do not disturb tenants.

3401 Chippewa St, St Louis