Status: Under Contract

Here is a great starter package for a new investor and would also make an easy addition to an existing portfolio. This package includes one brick duplex and two single family homes. The package is priced at $155,000 which is an average price per door of $38,750. Seller does not wish to split the package and cannot provide seller financing.

Duplex: 6200 Flint and 4515 Jennings Station Rd, St. Louis, MO 63121 (Pine Lawn)
(Entrances are from two different streets which is why there are two addresses.)

Cute, brick duplex that received a new roof within the last 6 months. Each side has 2 beds/1 bath and a full basement. Both units are vacant but 6200 Flint is rent ready. Rent estimates are $775-$850 per side.

Links to the 360 Tours:

• 6200 Flint (Side one of the duplex)
  https://my.360tourlink.com/208dd422-d212-48bd-a0c0-bc94fcc7c4ae
• 4515 Jennings Station Rd. (Side two of the duplex)
  https://my.360tourlink.com/93c4603c-ca8b-4f3e-aed5-790800a789d9

8748 Jordan St., St. Louis, MO 63147 (St. Louis City)
This 2 bedroom, 1 bath home with 884 sq ft also received a new roof within the last six months. It is currently vacant. Average rents in the area are $850-$1000/month.

Link to the 360 Tour: https://my.360tourlink.com/b9898b37-8c10-48a1-8074-68b7698ada07

1207 Sutter Ave, Saint Louis, MO 63133 (University City)
This 2 bedroom, 1 bath home with 864 sq ft is currently rented to a tenant at $825/month which is below market rates.  Tenant has rented for over 2 years and is on a month to month basis.

This package was purchased by the current owner in 10/23 for $136,500 and he has since added another $35,000 which covered the two new roofs and general repairs. He has $171,500 into the package and is pricing them at $155,000 for a quick sale. (Seller needs to reallocate the proceeds to another investment.)

Properties are being sold as is. Buyer to provide verifiable proof of funds in the buyer’s name – no wholesalers or assignments. To minimize the inconvenience for the tenant at the occupied property on Sutter, seller is asking that the buyer complete their inspections on the vacant properties prior to inspecting the occupied property. One-time inspection/walk-through access provided to the occupied property with an accepted contract.

These properties are managed by a property manager.

For more information, please contact:

Malinda Terreri
Broker | Owner
Over 1000 Properties Sold
Get Notified of New Off-Market Listings
Terreri Team Realty LLC
TerreriTeam.com
(314) 488-0494