8515 Jenny Drive St Louis, MO 63121

3 Beds
1 Bath
864 Sqft
6,799 Sqft lot
0.16 Acre lot
Status: Active
Property Type: Residential
Year Built: 1955
Neighborhood: Carsonville Court
Days on Website: 1

Listing courtesy of Terreri Team Realty LLC.

Description

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 an 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.

Open House

Property Details and Features

  • Basement: "Full"
  • 1 Full Bathroom
  • 1 Total Bathroom
  • 1 bathroom on the main level
  • 1 main/upper level bathroom
  • 1 main level full bathroom
  • 3 Total Bedrooms
  • 3 bedrooms on the main level
  • 3 main/upper level bedrooms
  • Above Grade Finished Area: 864 Sq.Ft.
  • Above Grade Finished Area Source: Public Records
  • Levels: "One"
  • Living Area: 864 Sq. Ft.
  • Building Age: 70
  • Style Description: Ranch
  • 5 total rooms
  • Year Built: 1955
  • Cooling: "Electric"
  • Disclosures: "Unknown", "Occupancy Perm Req", "Sellers Discl Not Av", "Unincorporated"
  • Heating: "Forced Air"
  • Heating Included
  • Heat Source: Gas
  • Price per Sq.Ft.: $99
  • Transaction Type: Sale
  • Ownership Type: Private
  • Major Area: Normandy
  • Parcel Number: 14J-54-0612
  • Subdivision Name: Carsonville Court
  • Township: Unincorporated
  • Lot Size Acres: 0.1561
  • Lot Size Dimensions: 50x133
  • Lot Size Square Feet: 6800 Sq.Ft.
  • Carport Spaces: 0
  • Features: "Off Street"
  • Possession: "Close Of Escrow", "Subject to Tenant Rights"
  • Property Sub Type: Residential
  • Elementary School: Lucas Crossing Elem. Complex
  • High School: Normandy High
  • High School District: Normandy
  • Middle Or Junior School: Bel-Nor Middle School
  • "Public Sewer"
  • Annual Tax Amount: 1067
  • Tax Year: 2023
  • Water Source: "Public"