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Welcome investors, this 2 bedroom home, possible 3rd bedroom in the finished attic, would make a great addition to your rental portfolio. Cash flowing and generating $900/month with a section 8 tenant (lease ends 3/31/2022). Brand new sewer lateral was put in last year when the home was rehabbed by the current owner. Currently managed by CBS Properties, with intention to continue to manage the property upon closing if requested. No showings without an accepted contract, make us an offer!
Search the MLS below using the city, postal code, address or listing id of the desired property.
Search the MLS below using the city, postal code, address or listing id of the desired property.
Search the MLS below using the city, postal code, address or listing id of the desired property.
Search the MLS below using the city, postal code, address or listing id of the desired property.
Search the MLS below using the city, postal code, address or listing id of the desired property.
Search the MLS below using the city, postal code, address or listing id of the desired property.
Welcome investors! Slab home with great bones being sold AS IS. With some TLC this could be a great home as either a rental or a flip. Please use caution when entering the property, and bring your flashlights as well!
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Rare Central West End renovation opportunity a few blocks from Barnes-Jewish Hospital @ Washington University Medical Complex and Forest Park. This 3 story historic home with 5 beds and 2.5 baths was built in 1895 was previously gut renovated and needs cosmetic updates. Home is 2,792 square feet featuring dual-zone HVAC, hardwood floors, multiple wood-burning fireplaces, 10-foot ceilings, original woodwork and built-in bookcases, rooftop terrace and second-floor laundry. Kitchen can easily be opened up and made larger. Recent CWE sales when renovated- 374 Walton Row $895,000 ($297 Sq Ft), 4550 West Pine $675,000 ($270 Sq Ft). 4430 Laclede is the side lot and not included in the sale, will be legally subdivided by the seller prior to closing. The side lot can be purchased separately. Being sold as-is.
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20 Single-family rental homes for sale. All of the 20 homes are occupied with all of the tenants paying rent. There is a management company in place that has been managing properties for 17 years that is located near the homes and can stay in place after the sale if desired. With the 20 homes rented the monthly gross income is $12,320 which annualized is $147,840. Annual expenses are $40,797 with management expenses included which is approximately a 13% cap rate based on current occupancy. 19 of the 20 homes are located in north county and one home is located in south city. 6 of the 19 tenants are section 8 tenants. Homes are to be sold as-is. Showings with an accepted contract.
Search the MLS below using the city, postal code, address or listing id of the desired property.
