Multi-Family for Sale: 3725 Meramec Street, St Louis, MO 63116 SOLD

3725 Meramec Street, St Louis, MO 63116 SOLD
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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

City: St Louis
Area: South City
County: St Louis City
School District: 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
Taxes Paid: $1,628
Water: None
Lot Dimensions: 4560 ft

Community and Schools

Elementary School: Meramec Elem.
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.

Map of 3725 Meramec Street, St Louis, MO

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Photo of Stacey Ritter
Stacey Ritter
Direct: 618-741-6053
1012 Plummer Drive Suite 301
Edwardsville, IL 62025
Listed by DESCO Residential, John Sheahan
Sold by EXP Realty, LLC, Sharonda Sutton
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: DESCO Residential

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