Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1955
Sq.Footage
1,024
This package of 14 single family homes in St. Louis, County, MO, has everything you're looking for: • Average rent is $1695/month • 85% of leases are Sec 8 • Estimated 11.24% cap rate • Thirteen of the 14 properties are leased. • Pre-listing inspections have been completed on all properties and 360 virtual tours are available on 13 of the homes. • Average tenant tenure of almost 6 years across occupied units, with two tenancies exceeding 10 years. Priced at $1,500,000, this package has $285,000 in projected annual gross rental income. This is an opportunity to secure scale, established rental income, and long-term potential in a single transaction. All 14 properties have undergone pre-listing inspections by an ASHI-certified inspector, providing buyers with additional insight into the condition of each home. Virtual 360 tours are also available on 13 of the 14 homes. The portfolio is offered as-is, with pricing reflective of the existing property conditions. No seller financing is available.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Above Grade Finished Area
1024.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Vinyl Siding
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.1751
-
Lot Size(square feet)
7,627
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Ranch, Traditional
Price
-
Sales Price
$1,500,000
-
Tax Amount
$1,273
-
Financing Options
Cash, Conventional
-
Sq. Footage
1,024
-
Price/SqFt
$1,464
HOA
-
Association
No
School District
-
Elementary School
Berkeley Elementary School
-
Middle School
Ferguson Middle
-
High School
Mccluer South-Berkeley High
Property Features
-
New Construction
NO
-
Senior Community YN
NO
-
Water Source
Public
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Location
County
St. Louis
Elementary School
Berkeley Elementary School
Middle School
Ferguson Middle
High School
Mccluer South-Berkeley High
Listing Courtesy of Malinda Terreri, Terreri Team Realty LLC
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Agent / Realtor®
Nina Harmon
Call Nina today to schedule a private showing.
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