Full basementBrick bungalowOn-street parkingEat-in kitchen
Investors, this one's for you! This brick bungalow offers 875 sf of living space with 2 bedrooms, 1 bathroom, living room,eat-in kitchen, bath, full basement, and on-street parking. Inspections are welcome for your knowledge, but the sale is as-is with seller to do no repairs. The property is rented to a long-term tenant at $1105, completely paid by Section 8 assistance, for a gross annual income of 13,260. Seller's annual taxes, insurance, and sewer expenses total 4,622 for an NOI of 8,638, which is a 10.79% cap rate at asking price. Have a look, make your offer, and let the cash flow begin.
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Zillow last checked:
Listing updated:
Listed by:
Tammy K Derrigan314-518-4347,
Worth Clark Realty
Source: MARIS,MLS#: 26039929Originating MLS: St. Louis Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2
Heating
Forced Air, Natural Gas
Cooling
Central Air
Features
Basement: Unfinished
Has fireplace: No
Interior area
Total structure area: 875
Total interior livable area: 875 sqft
Finished area above ground: 875
Finished area below ground: 0
Property
Features
Levels: One
Frontage length: 33'
Lot
Size: 3,563 Square Feet
Dimensions: 33' x 106'
Features: Back Yard, Front Yard
Details
Parcel number: 15G120628
Special conditions: Listing As Is
Construction
Type & style
Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence
Materials
Brick
Condition
Year built: 1949
Utilities & green energy
Electric: Ameren
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected