Skip To Content
    Return to Previous Page

    227 Schirmer

    St Louis, MO 63111
    • $99,500
    • STATUS: Active Under Contract
    • ON SITE: 59 days
    • ID#: 20030756
    Under Contract
    UPDATED: 45 min ago
    $99,500
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,290
      SQFT
    • $30
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1865
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    This spacious 3,290 sf duplex is turnkey and ready to cash flow for years to come. Originally built in 1865 as a 4-family, the building now has two townhouse style units. Each one features living room, kitchen, two large bedrooms, 1.5 bath, bonus room,, in-unit laundry hookups, tall ceilings, and a breezy balcony. The current owners did an extensive rehab in 2015 including new plumbing, furnaces, kitchens, and flooring. The second floor of each unit has central air and the first floor is cooled with window units. Each side has its own roof; one side is new roof and one side may need replacement. Tenants share an unfinished basement with storage, large unfenced yard, and off-street parking. Owner pays for sewer, water, trash, lawn, and repairs; tenants pay for electric and gas. The property is well-maintained by a professional management company that would be happy to continue if you like.

    Monthly Payment Calculator

    Listing information © 2020 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2020-07-09T15:49:55.46.

    The Becky O'Neill Power Home Selling Team | RE/MAX RESULTS: 314-394-5499
    www.beckyoneill.com/homes/105726051
    Print Image

    227 Schirmer St Louis, MO 63111

    • Price: $99,500
    • Status: Active Under Contract
    • Updated: 45 min ago
    • ID#: 20030756
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,290
    SQFT
    $30
    $/SQFT
    1865
    Built
    Neighborhood:
    Ivory John C
    County:
    St Louis City
    Area:
    South City
    Elementary School:
    Mason Elem.
    Middle School:
    Lyon-Blow Middle
    High School:
    Roosevelt High
    School District:
    St. Louis City
    Property Description
    This spacious 3,290 sf duplex is turnkey and ready to cash flow for years to come. Originally built in 1865 as a 4-family, the building now has two townhouse style units. Each one features living room, kitchen, two large bedrooms, 1.5 bath, bonus room,, in-unit laundry hookups, tall ceilings, and a breezy balcony. The current owners did an extensive rehab in 2015 including new plumbing, furnaces, kitchens, and flooring. The second floor of each unit has central air and the first floor is cooled with window units. Each side has its own roof; one side is new roof and one side may need replacement. Tenants share an unfinished basement with storage, large unfenced yard, and off-street parking. Owner pays for sewer, water, trash, lawn, and repairs; tenants pay for electric and gas. The property is well-maintained by a professional management company that would be happy to continue if you like.
    Exterior Features

    Building Desc Apt/InteriorentranceDuplex Construction Brick/Stone Msn Pred Lot Dimensions 47.5 X 140 Parking Description Off Street

    Interior Features

    Appliances Some Some Insultd WindowsSome Refrigerator(S)Some Range Oven(S)Some Shower Bath(S)Some Smoke/Alarm Det Cooling 1 Window/WallCentral-Electric Heat Source Gas Heating Forced Air Miscellaneous BalconyBasementBonus RoomLaundry Facility inPartial Fencing Water Heater Gas

    Property Features

    Assoc Fee 0 Assoc Fee Paid None Association St. Louis Association of REALTORS Cable Available Yes Conditions Unknown Contingent Info Subject To FinancingSubject To Inspec. Cross Street Address Minnesota Disclosures CityCode Compliance ReqdFlood Plain NoLimited Seller DisclOccupancy Perm Req Fixed Expenses InsuranceSewerTaxesTrash RemovalWater Gross Operating Income 16680.00 Lot Size Source County Records Net Income 10400.00 Operating Expenses Fixed ExpensesLawn CareMaintenanceManagementSnow Removal Ownership Private Possession At Closing Possible Buyer Fees YN No Propane Tank None Property Type Multi-Family 2-4 Selling Terms CashConventionalExchange Sewer Public Special Description Rehabbed Special Listing Conditions None Square Footage Source County Records Tax Year 2019 Taxes Paid 471 Tenancy Type LeasesMonth To Month Tenant Pays Cable Tv/SatelliteElectricGas Total Expenses 6280.00 Transaction Type Sale Type Of Units 2-Family Water Public

    Listing provided courtesy of Realty Exchange. Listing information © 2020 Mid America Regional Information Systems, Inc.
    Listing information © 2020 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2020-07-09T15:49:55.46.

    The Becky O'Neill Power Home Selling Team | RE/MAX RESULTS: 314-394-5499
     
    https://bt-photos.global.ssl.fastly.net/midamerica/orig_boomver_1_20030756-2.jpg https://bt-photos.global.ssl.fastly.net/midamerica/orig_boomver_1_20030756-2.jpg https://bt-photos.global.ssl.fastly.net/midamerica/orig_boomver_1_20030756-2.jpg
    Logo
    The Becky O'Neill Power Home Selling Team | RE/MAX RESULTS
    13208 Manchester Road
    St. Louis MO, 63131