Homes for sale - 8515 Jenny DR, St Louis, MO 63121

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Ramsey Stewart, REALTOR

ramseystewart1@gmail.com +1(417) 650-5364

$ 85,430

Est. payment | -/mo

3 Beds

1 Bath

864 SqFt

Save

$ 85,430

Est. payment | -/mo

Save

3 Beds

1 Bath

864 SqFt

Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Pending

Purchase Type For Sale

Square Footage 864 sqft

Price per Sqft $98

Subdivision Carsonville Court

MLS Listing ID 24070075

Style Ranch

Bedrooms 3

Full Baths 1

Construction Status 69

Year Built 1955

Building Age 69

Lot Size 6,800 Sqft

Acres 0.1561

Lot Dimensions 50x133

Property Description

This home is part of a package of 5 single family homes and 1 duplex. Average rents are $1022/month. One unit in the duplex is vacant and the rest of the units are fully leased. Three units have Section 8 leases and three have market leases. This is a stable portfolio with one tenant renting for 2+ years, three tenants have rented for 5-6 years, and one tenant has rented for almost 22 years. There is one new tenant this year. The package price is $374,500 which is an average of $53,500 per door. Estimated Pro Forma Cap Rate is 11.32%. 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 so a walk-through, inspection, and/or appraisal will all need to be completed together. Please see supplements for a brochure with details on all of the properties.

Location

State MO

County St Louis

Area Normandy

Rooms

Basement Full

Interior

Heating Forced Air

Cooling Electric

Fireplace Y

Exterior

Parking Features false

Private Pool false

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Construction Status 69

Schools

Elementary Schools Lucas Crossing Elem. Complex

Middle Schools Bel-Nor Middle School

High Schools Normandy High

School District Normandy

Others

Ownership Private

Acceptable Financing Cash Only, Conventional

Listing Terms Cash Only, Conventional

Special Listing Condition None

Listed by Malinda Terreri • Terreri Team Realty LLC

+1(417) 650-5364

ramseystewart1@gmail.com

716 N 22nd St, Ozark, MO, 65721

8515 Jenny DR St Louis, MO 63121