Property
Beds
2
Full Baths
1
1/2 Baths
None
Year Built
1920
Sq.Footage
864
This home is part of a package of 21 homes priced at a total of $1,879,000 with an estimated 10.45% cap rate. 20 out of the 21 homes are rented and there are 2 section 8 leases and 18 market-rate leases. Average rents are $1,305/month. Most rents are 66-89% of FMR so there is rental income upside. Tenants pay their own sewer bills. The package includes six 2-bedroom homes, thirteen 3-bedroom homes, and two 4-bedroom homes. This package is also available without the 8117 Bluemont property which would put the total price at $1,729,000 with a cap rate of 10.85%. Seller is not offering any seller financing. Please include the following in the special agreements section: "Properties are being sold as is with seller to do no inspections or repairs. Buyer will have one-time access to the properties. Access will be scheduled once earnest money is deposited. This contract may not be assigned." Please see the documents section for the marketing pdf with details on the other properties.
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
1
-
Above Grade Finished Area
864.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
-
Main Level Bedrooms
1
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Vinyl Siding
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Back Yard
-
Lot Size(acres)
0.215
-
Lot Size(square feet)
9,365
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Traditional
Price
-
Sales Price
$80,000
-
Tax Amount
$1,267
-
Financing Options
Cash, Conventional
-
Sq. Footage
864
-
Price/SqFt
$92
HOA
-
Association
No
School District
-
Elementary School
Central Elem.
-
Middle School
Ferguson Middle
-
High School
Mccluer High
Property Features
-
New Construction
NO
-
Ownership
Private
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
St. Louis
Elementary School
Central Elem.
Middle School
Ferguson Middle
High School
Mccluer High
Listing Courtesy of Malinda Terreri, Terreri Team Realty LLC
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Agent / RealtorĀ®
Frank Svoboda
Call Frank today to schedule a private showing.
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