3642 Salena Street

About this property

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.