Description
**Investor opportunity on Melba Ave, St. Louis! This tenant-occupied home generates $965 per month ($11,580 annually), providing immediate rental income from day one. After property taxes and a 10% property-management fee, the property is projected to deliver an approximately 9% net ROI. A solid, income-producing addition to any rental portfolio. ** This home is a 2 bd and 1.5 bath property currently being rented at $965 per month. Please reach out to Co Listing Agent with any questions to take advantage of an income producing property to add to your portfolio. Agents, please allow 12 hours advance notice so the tenants can be contacted and a time agreed to for showings.
Details
| MLS # | 26045006 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1953 |
| Days On Site | 42 |
| Listing Provided By | Coldwell Banker Realty - Gundaker | Pamela Viehmann |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 950 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 0.12 |
Interior
| Rooms Total | 5 |
|---|---|
| Cooling | Other |
| Heating | Other |
Exterior
| Construction Materials | Brick |
|---|---|
| Lot Features | Back Yard, Front Yard, Level |
Parking
| Garage Yes / No | Yes |
|---|---|
| Attached Garage Yes / No | Yes |
| Parking Features | Additional Parking, Attached, Garage, Off Street |
Utilities
| Electric | Other |
|---|---|
| Sewer | Public Sewer |
Taxes
| Property | 2037 |
|---|
Area Information
| State | MO |
|---|---|
| County | St. Louis |
| City | St Louis |
| Zip Code | 63121 |
| Area | Normandy |
| Community Name | Kenwood Homesites |
| School District | Normandy High |
| Elementary School | Lucas Crossing Elem. Complex |
| High School | Normandy High |
| Listing VS Median (in Kenwood Homesites) | |
Price: $98,000 low | high Med: $99,000 sqft: 950 low | high Med: 1,177 $ / sqft: $103 low | high Med: $86 On site: 42 low | high Med: 82 | |
Market Activity 63121
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Listings courtesy of Maris MLS as distributed by MLS GRID.
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Contact
Learn More About This Property
| State | MO |
|---|---|
| County | St. Louis |
| City | St Louis |
| Zip Code | 63121 |
| Area | Normandy |
| Community Name | Kenwood Homesites |
| School District | Normandy High |
| Elementary School | Lucas Crossing Elem. Complex |
| High School | Normandy High |
| Listing VS Median (in Kenwood Homesites) | |
Price: $98,000 low | high Med: $99,000 sqft: 950 low | high Med: 1,177 $ / sqft: $103 low | high Med: $86 On site: 42 low | high Med: 82 | |
