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4 Bedroom
2 Bathroom
House
2000 - 2200 sq. ft.
Saint Louis, MO 63133
Single family home converted to a 3 family which includes a Carriage House or mother in law quarters in the rear with back yard and ample off street parking. Current individual occupancy permits on file and granted by the city of Pagedale for the home, the second apartment upstairs and the Carriage house. NEW WINDOWS, CENTRAL AIR AND DUCT WORK. Hardwood floors. Currently the home yields $575/mo., $500/mo. 2nd floor and $500/mo. from the Carriage House. Avg. rents in this are are approx. $700/mo. NEW ELECTRIC WIRING with some existing knob and tube. This is an EXCELLENT INVESTMENT PROPERTY opportunity with 9.25% CAP Rate and $18,900 current NOI excluding debt service. This turn key property, and is also perfect for a first time homeowner. The upstairs unit and Carriage house, based on specific financing, will cover the monthly payment. Live rent/mortgage free in this unique property. Close to golf course, major highways, shopping and restaurants.
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Monthly Rent
$450
Rent Includes
Electricity |
|
Telephone |
|
Water |
|
High Speed Internet |
|
Garbage |
| |
Features
Air Conditioner
| Furnished
| Deck
|
Dishwasher
| Disposal
| Microwave
|
Refrigerator
| Security
| Television
|
Vaulted Ceilings
| Garage
| Storage
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Washer/Dryer
| High Speed Internet
| Cable
|
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Lease Period
Month to Month
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Contact
3392988247
Phone #:
3392988247
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