2 Beds
1 Bath
945 SqFt
2 Beds
1 Bath
945 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 945 sqft
Price per Sqft $89
Subdivision Velda Village Hills 1St Add
MLS Listing ID 26043983
Style Bungalow
Bedrooms 2
Full Baths 1
Year Built 1939
Lot Size 4,399 Sqft
Acres 0.101
Lot Dimensions 40x118
Property Sub-Type Single Family Residence
Property Description
Attention investors and portfolio builders! Grab this hassle-free rental property with assured monthly income. This solid single-family home is occupied by a long-term Section-8 tenant who has been taking excellent care of the property. Enjoy reliable, government-backed rent payments every month with minimal management headaches.
The property features a practical layout with 2 bedrooms and 1 bathroom across approximately 945 square feet. Situated on a manageable lot in Velda Village Hills, it sits in close proximity to revitalization activity in neighboring Pagedale and Hillsdale - areas that have seen new housing, commercial investment, and community reinvestment efforts in recent years.
Key advantages include the long-term Section-8 tenancy (providing stable, assured rental income), a tenant who maintains the home well, and the overall turnkey condition that allows you to collect rent from day one. These factors keep your expenses predictable and maximize net cash flow with very little day-to-day involvement.
Conveniently located near transportation, shopping, employment opportunities, and major roadways in an accessible north St. Louis County location, this property is a true set-it-and-forget-it addition to any real estate portfolio seeking reliable cash flow.
Do not miss this seamless, income-generating asset with proven tenancy and reliable cash flow. Inquire today for lease details and to schedule a viewing!
Location
State MO
County St. Louis
Area 106 - Normandy
Rooms
Basement Full, Partially Finished, Storage Space, Walk-Out Access
Main Level Bedrooms 2
Interior
Interior Features Eat-in Kitchen, Pantry
Heating Forced Air, Natural Gas
Cooling Central Air, Electric
Fireplace Y
Appliance Gas Water Heater
Exterior
Parking Features false
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
Private Pool false
Building
Lot Description Adjoins Wooded Area
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Barack Obama Elementary School
Middle Schools Normandy Middle
High Schools Normandy High
School District Normandy
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
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100 Chesterfield Business Parkway, Suite 320, Chesterfield, Missouri 63005, United States