Pending
bedrooms
2
bathrooms
2
square feet
1,468
Acreage
0.0744
Open Houses
-
year built
1930
Full Baths
2
Half Baths
0
Solid occupied rental property for a low price! This property is occupied with a long term (10+ years) tenant paying $550/month, electric, gas, and cares for the lawn - who pays rent like clockwork and is an amazing tenant who would like to stay for the indefinite future. Seller Pays Water/Trash (120/qtr) Sewer ($65/mo) Insurance (estimate 940/yr , seller doesn't carry). That is a 10.76% Cap Rate and a 1.65% rent ratio. TURNKEY AND.....
This property is strictly AS IS, Seller will do no repairs, nor provide new occupancy. Deferred maintenance as per photos. The roof age is unknown, at end of serviceable life, yet no known damage or leaks. Plumbing stack has a small leak as pictured near the floor. There could be some tuckpointing, gutterwork, soffit work done, as pictured, but again no known leaks or anything prompting action - nor any tenant requests or complaints. Back porch pulling away from building. VALUE ADD OPPORTUNITY! NO Seller Fin or Creative interest. NONE.
| Location | |
| Subdivision | Papin Tr Add |
| County | St Louis City |
| Elementary School | Hickey Elem. |
| Middle School | Fanning Middle Community Ed. |
| High School | Sumner High |
Open houses
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 25006129
Listing agent:
Lynne Hart
#2015021561
Listing broker:
Real Broker, Llc
(855) 450-0442
Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Monday, February 10 2025 at 1:33 p.m. EST
Kotohomes National
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