Attn Investors: this stabilized Section 8 rental offers you the opportunity to acquire a 4-bedroom home below recent neighborhood sale prices. The tenant has occupied the home since September 1, 2024 and is renewing for another year.
Total monthly rent is $2,397, with $1,954 paid through Section 8 and $443 paid by the tenant. The tenant is current on payments. The home underwent an extensive renovation in 2022, when much of the interior was taken down to the studs and rebuilt from there. Improvements included a new roof, HVAC system, windows, flooring, landscaping, and fresh paint throughout. The kitchen and bathrooms were completely updated with new cabinets, countertops, vanities, and additional improvements. With strong rental income, a renewing tenant, major improvements already completed, and a list price below recent neighborhood sales, this is a strong addition to a buy-and-hold rental portfolio. Showings with an accepted contract. Property is being old as-is with seller to do no inspections or repairs.
8 days
|
328
|
9
|
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Malinda A Terreri314-488-0494,
Terreri Team Realty LLC,
Kate A Terreri314-691-7095,
Terreri Team Realty LLC
Source: MARIS,MLS#: 26049805Originating MLS: St. Louis Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Main level bathrooms: 2
Main level bedrooms: 4
Heating
Forced Air
Cooling
Central Air
Features
Basement: Full
Number of fireplaces: 1
Fireplace features: Family Room
Interior area
Total structure area: 1,880
Total interior livable area: 1,880 sqft
Finished area above ground: 1,880
Property
Parking
Total spaces: 2
Parking features: Driveway, Garage, Garage Faces Side