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855.375.4001
Listing Courtesy of: Malinda Terreri - Terreri Team Realty Llc 488-0494
$85,430 affordable loan icon Calculate Payment

8515 Jenny Drive St Louis, MO 63121

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Single Family Residence
3 Beds
1 Baths
... Bed/Bath
864 Sq. Ft.
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Last updated on 1/18/2025 9:06 PM

Listing Details

Looking for reliable Sec 8 income? This home is part of a package that includes another single family home and one duplex for a total of four units. Three units are leased with Sec 8 tenants and one side of the duplex is vacant. Average rents are $1070/month. The package price is $221,500 which is a...n average of $55,375 per door. Estimated Pro Forma Cap Rate is 11.91%. The properties do have some deferred maintenance and have been priced accordingly. You can expect older systems and older roofs. Access to the properties will be provided with an accepted contract. To minimize tenant disruption, the buyer will have one-time access to the properties and a 45 minute window to complete inspections. Please see supplements for a brochure with details on all of the properties. The properties are being sold as is, with the seller to do no inspections or repairs. If you're a cash buyer, this could make a great starter investment package or easy addition to an existing portfolio. Continue reading
MLS#
25002325
Property Type
Single Family
Bedrooms
3
Bathrooms
1 Full
Year Built
1955
Square Feet
864 sq. ft
Lot Size
0.16
Stories
1.0
Sewer
Public Sewer
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Listing Courtesy of: Malinda Terreri - Terreri Team Realty Llc 488-0494
Andrea D. Conner, License 71221, Xome Inc., License 68390, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

Listings courtesy of MARIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 1/19/2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to [email protected]. The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
This content last refreshed on 1/18/2025 9:06 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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