MAJOR PRICE ADJUSTMENTS - MOTIVATED SELLERTwo tenant-occupied St. Louis investment properties SIGNIFICANTLY REDUCED and available individually or as a package. 8526 Lowell St - NOW $63,990, reduced from the original $80,000 - a $16,010 price reduction-Currently rented at $1,050/month, generating $12,600 annually, with a gross rent yield of approximately 19.7%. 1039 Wall St, St Louis MO 63147 - NOW $47,990, reduced from the original $60,000 - a $12,010 price reduction-Currently rented at $800/month, generating $9,600 annually, with a gross rent yield of approximately 20.0%. PACKAGE PRICE: $111,980. Combined rental income is $1,850/month or $22,200 annually, representing a gross rent yield of approximately 19.8%. Both properties are tenant occupied, income producing, and sold AS-IS, offering investors an opportunity to add two affordable rental properties to their portfolio.Please allow 24-hour notice for all showings and do not disturb the tenants. Proof of funds or lender pre-approval must accompany all offers. Buyer and buyer's agent are responsible for verifying all property information, measurements, and other pertinent information.
| MLS # | 26024209 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1933 |
| Days On Site | 69 |
| Listing Provided By | Coldwell Banker Realty - Gundaker | Ezekiel Nwosu |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 912 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 0.08 |
| Rooms Total | 5 |
|---|---|
| Cooling | Central Air |
| Heating | Forced Air, Natural Gas |
| Construction Materials | Brick |
|---|---|
| Lot Features | Near Public Transit |
| Fencing | Back Yard |
| Garage Yes / No | Yes |
|---|---|
| Attached Garage Yes / No | Yes |
| Senior Community Yes / No | No |
|---|
| Utilities | Electricity Available |
|---|---|
| Electric | Single Phase, 220 Volts, Ameren |
| Sewer | Public Sewer |
| Property | 359 |
|---|
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63147 |
| Area | North |
| Community Name | Honsbys Baden |
| School District | Vashon High |
| Elementary School | Walbridge Elem. Community Ed. |
| High School | Vashon High |
| Listing VS Median (in Honsbys Baden) | |
Price: $63,990 low | high Med: $63,990 sqft: 912 low | high Med: 912 $ / sqft: $70 low | high Med: $70 On site: 69 low | high Med: 69 | |
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63147 |
| Area | North |
| Community Name | Honsbys Baden |
| School District | Vashon High |
| Elementary School | Walbridge Elem. Community Ed. |
| High School | Vashon High |
| Listing VS Median (in Honsbys Baden) | |
Price: $63,990 low | high Med: $63,990 sqft: 912 low | high Med: 912 $ / sqft: $70 low | high Med: $70 On site: 69 low | high Med: 69 | |