4953 Chippewa St, St Louis, MO 63109

Property Description

This fantastic all-brick duplex at 4953 Chippewa offers two spacious units, each featuring two bedrooms and one full bath, complete with garage parking. The heavy lifting has already been done for you. Since 2020, the current owner has executed extensive, high-dollar upgrades, making this a truly low-maintenance addition to your portfolio. Step inside to find beautifully refinished original hardwood floors and durable new vinyl flooring. Both units feature updated kitchens and bathrooms outfitted with quality fixtures built for longevity. Kitchens have dishwashers, in addition to fridges, ovens, and microwaves. Upstairs unit has bonus small office to utilize. Both units feature a charming non-functional fireplace and mantle, stained glass windows, and archways. Check out the valuable mechanicals and exterior updates: enjoy peace of mind with all the double-pane windows, HVAC, upgraded PEX piping, PVC plumbing stack, and an electrical service upgrade from 110 to 220. Finished off with roof, guttering, and flashing, this building is solid, secure, and completely move-in ready. With a new garage door opener providing smooth, reliable off-street parking, this property is a highly desirable opportunity. This property can be an ideal asset for a traditional turnkey investor seeking an immediate cash-flowing property with major mechanical updates already addressed to preserve long-term margins. Alternatively, the layout is perfect for an owner-occupant looking to live in one unit while utilizing the rental income from the second level to significantly offset the mortgage. Finally, as multigenerational households continue to rise, this duplex offers a premium solution for families wanting to remain close while maintaining independent, private residences under a single roof. This one deserves a close look!