792 Sq ft 2 bed 1 bath single family home rented through section 8 for $680 a month. The tenant would like to stay. The home is in average condition. Located close to the Normandie Golf Club and a few blocks from University City.

Paying buyers agents 2.70%

Check out this completely renovated home in Lindenwood Park on a huge lot within walking distance to the Great Rivers Greenway Trail and the Metrolink. This 2 bedroom home features a new kitchen with granite counter tops and stainless steel appliances, a new updated bathroom, refinished hardwood floors, stain glass windows, new paint throughout, updated electric, plumbing, newer furnace. The walkout basement is clean and dry basement and could be used as additional living space. The backyard has an oversized carport with garage and patio. There is an enclosed sitting porch that is attached to the kitchen in the rear of the home. This one won’t last long!

Charming 3 bed/3 bath cottage in walking distance to test Tillman Elementary. Delightfully updated with fresh paint to accentuate the beautiful unique architecture. Quality and craftsmanship are evident throughout all 3 levels of the living areas with 2,111 sq feet of living space. Open floor plan with stunning refinished hardwood floors on the main level with a white kitchen with granite counter tops. The dining room has wonderful recessed lighting, built in Welsh dresser with hand rubbed maple counter, and gorgeous windows that open out to make you feel like you are dining el fresco. Custom built maple mantle painted white with marble clad wood-burning fireplace in LR. Upstairs is the master suite with large space for an office or sitting room, cedar closet, full bath with whirlpool tub and updated vanity. 860 more sq feet in the LL has 3rd full bath and room for possible 4th bedroom along with space for a playroom, media room or office.

Built in 1907 this beautiful three bedroom two and a half bath 2,208 square foot single family home has been completely restored. Located one block from Forest Park and walking distance to Barnes-Jewish Hospital, Washington University Medical School, the Central West End and of the restaurants and nightlife on Manchester. Features include updated kitchen with stainless steel appliances, central air, built in bookcases, hardwood floors, with a two story deck on the back of the home. The electric, PVC plumbing, HVAC were updated when restored. This home is leased through July of 2018 for $2,100 a month and would be ideal for an owner occupant.

Buyers Agent Commission: 2.7%

This West End home is located just two blocks from the new Loop trolley line, 4 blocks from the Loop and 6 blocks from Forest Park on a quiet street with cul de sac and new construction single family homes on the block, there is a new currently a new home being built. Home is 3 beds and 2 baths with over 1200 sq ft and was recently occupied, would be ideal for a cosmetic rehab and would also not take much to make it rent-able. Washington University is offering employees a $7,500 credit for purchasing a home in the neighborhood. Features include hardwood floors, a skylight in the bathroom, updated electric panel, PVC plumbing, newer furnace, a large open poured concrete basement that could easily be finished, a fenced front and backyard. Walk-able to the MetroLink. Property sold as-is.

Paying 2.7% to Buyer’s Agents

Opportunity to purchase a portfolio of 18 three and four bedroom single family homes located within a 4 mile radius in a suburban location in St. Louis County. These homes have been well maintained with a mix of section 8 and market rate tenants who pay their own gas and electric. With an 88% occupancy rate these homes would generate $158,400 annually and provide a normalized NOI of $79,229, an 11.3% Capitalization Rate.

ONLY OFFERS ON ENTIRE PORTFOLIO WILL BE CONSIDERED AT THIS TIME. PLEASE NO OFFERS ON SINGLE PROPERTIES.

Photos in this listing are of selected portfolio properties. Photos of all properties will be sent in marketing brochure upon request.

All properties lie within an approximate 4 mile radius of one another. Adjusting for outlying properties, 15 of 18 properties are within an approximate 2 mile radius of one another. See area map below.

Contact:

Jordan Schoen – 314.255.5117 – jordan@investstl.com

William Springer – 314.817.6620 – will@investstl.com

This centrally located single family home is walking distance to the Maplewood business district, close to Forest Park and highway 44 & 40. The home has 4 rooms and large fenced backyard. Features include central air with newer condenser, updated electric, pvc plumbing, and a newer furnace. Home needs cosmetic updates including updated bath and kitchen, paint, flooring. Recent comparable sales of similar sized frame homes within a half mile have sold from $82,000-$98,000.

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Home Features Stained Glass Windows, Fireplace & Hardwood Floors
Located On A Shady Tree Lined Street With Garage
There Is An Enclosed Porch On Rear of Home
Large Clean and Dry Basement With A Bar and High Ceilings That Could Easily Be Finished.
Home Features Central Air and Has Two Bedrooms on The Second Floor
Furnace and Water Heater Are Newer

Complete Rehab including
New kitchen with custom cabinets, granite counter tops, new stainless steel appliances
2 New bathrooms
Refinished hardwood floors
New dual zoned HVAC
New Plumbing with new sewer lateral
New Electrical
All new windows
Recessed lighting
New deck on back of the home
Entire home was repainted
Open floor-plan
2nd floor laundry
Large clean and dry basement with plenty of room for storage
1 Bedroom has attached living/work space

Jordan Schoen is a Licensed Broker in the State of Missouri