9523 Theodosia AVE new

St Louis,MO 63114

$ 100000

2 Beds

1 Bath

950 SqFt


Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active

Purchase Type For Sale

Square Footage 950 sqft

Price per Sqft $105

Subdivision Pagewood

MLS Listing ID 24077190

Style Bungalow / Cottage

Bedrooms 2

Full Baths 1

Year Built 1946

Building Age 78

Lot Size 6,490 Sqft

Property Description

Investors, welcome to this tenant-occupied single family home with two bedrooms, tons of closet space, central air, large yard, a detached 2-car garage!  Flooring in living room, kitchen, and utility room is LPV; bedrooms are carpeted, and bath is tiled. Architectural shingle roof, newer HVAC, electric water heater, and updated electric panel. Tenant pays $1000/month and current lease is up for renewal at end of April. Rentometer indicates $1171 as the average rent, and $1237 as the average rent among the top 25%.  With current rent less annual operating expenses at $5425, the NOI is $6575 – a 6.575% cap rate at asking price.  Ask your realtor for the financials and rentometer reports available in the supplements.

Location

State MO

County St Louis

Area Ritenour

Interior

Heating Forced Air

Cooling Electric

Fireplaces Type None

Exterior

Parking Features true

Garage Spaces 2.0

Building

Lot Description Level Lot

Story 1

Sewer Public Sewer

Water Public

Structure Type Frame,Vinyl Siding

Schools

Elementary Schools Wyland Elem.

Middle Schools Ritenour Middle

High Schools Ritenour Sr. High

School District Ritenour

Others

Acceptable Financing Cash Only,Conventional,Private

Listing Terms Cash Only,Conventional,Private

Special Listing Condition None

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