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Kathy Helbig

propertyinfo@experience-re.com +1(636) 385-5095

$ 98,000

Est. payment | -/mo

2 Beds

2 Baths

950 SqFt

Save

$ 98,000

Est. payment | -/mo

Save

2 Beds

2 Baths

950 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 950 sqft

Price per Sqft $103

Subdivision Kenwood Homesites

MLS Listing ID 26045006

Style Other,Ranch,Traditional

Bedrooms 2

Full Baths 1

Half Baths 1

Year Built 1953

Annual Tax Amount $2,037

Lot Size 5,401 Sqft

Acres 0.124

Lot Dimensions 0.12-Acres

Property Sub-Type Single Family Residence

Property 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.

Location

State MO

County St. Louis

Area 106 - Normandy

Rooms

Basement Full

Main Level Bedrooms 2

Interior

Heating Other

Cooling Other

Fireplace N

Exterior

Parking Features true

Garage Spaces 1.0

View Y/N No

Private Pool false

Building

Lot Description Back Yard, Front Yard, Level

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Lucas Crossing Elem. Complex

Middle Schools Lucas Crossing Middle

High Schools Normandy High

School District Normandy

Others

Ownership Private

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Listing As Is

Listed by Pamela Viehmann • Coldwell Banker Realty - Gundaker

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(636) 385-5095

propertyinfo@experience-re.com

100 Chesterfield Business Parkway, Suite 320, Chesterfield, Missouri 63005, United States

4314 Melba AVE St Louis, MO 63121