8526 Lowell, St Louis, MO 63147
- $63,990
- 2
- BD
- 1
- BA
- 912
- SqFt
- List Price
- $63,990
- Price Change
- ▼ $6,010 1788835779
- Days on Market
- 53
- MLS#
- 26024209
- Status
- ACTIVE
- Bedrooms
- 2
- Full baths
- 1
- Living Sq. Ft
- 912
- Lot Size
- 3,484
- Acres
- 0.08
- Year Built
- 1933
- Subdivision
- Honsbys Baden
- Municipality
- St. Louis City
- School District
- St. Louis City
- County
- St Louis City
- Listing Type
- Single Family Residential
- Property Type
- Bungalow
- Style Description
- Bungalow
Property Description
MAJOR PRICE ADJUSTMENTS – MOTIVATED SELLER Two 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.
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Additional Information
- Elementary School
- Walbridge Elem. Community Ed.
- Jr. High School
- Yeatman-Liddell Middle School
- Sr. High School
- Vashon High
- Garage Spaces
- 1
- Basement Description
- Full
- Lot Description
- Near Public Transit
- Cooling
- Central Air
- Sewer
- Public Sewer
- Heating
- Forced Air, Natural Gas
- Water
- Public
- Selling Terms
- Cash, Conventional
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Listing courtesy of Coldwell Banker Realty - Gundaker.
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified
