Charming Home in Desirable Maryland Heights
This 3-bedroom, 1-bathroom single-family home offers 1,587 square feet of living space on a spacious 12,197 square foot (.28 acre) lot. Built in 1940, the home spans two stories and sits in a sought-after Maryland Heights location close to the airport and many major employers.
Interior Features
The home includes a large kitchen area, a double-sink vanity in the bathroom, and a spiral staircase leading to the semi-finished basement. Flooring is a mix of hardwood, tile, and carpet throughout. Additional highlights include a spacious living room with a large fireplace and a built-in bar and storage area—perfect for entertaining or relaxing.
Outdoor Space
Enjoy a generous outdoor area with a patio—ideal for gatherings, gardening, or simply enjoying the quiet surroundings.
Bonus Basement Space
The semi-finished basement offers extra flexibility for a rec room, workspace, or additional storage.
This property blends vintage charm with plenty of space, both inside and out, in a location that continues to attract homeowners and investors alike.
Investment Highlights:
Currently cash-flow positive, the property generates $26,160 in gross annual income and a Year 1 Net Operating Income of $17,931. The attractive location and affordable price point offer multiple viable exit strategies. With steady cash flow, long-term appreciation, and favorable tax advantages, this home is well-positioned to serve as a productive, low-maintenance investment for years to come.
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