Property
Beds
2
Full Baths
1
1/2 Baths
None
Year Built
1940
Sq.Footage
801
Don't miss this turnkey investment opportunity! This solid 2-bedroom, 1-bath home offers immediate cash flow with a strong 15% cash-on-cash return, making it an ideal addition to any rental portfolio. Situated in an established North County neighborhood, the property features classic mid-century architecture with durable construction and functional layout. Prior to tenant placement, the home received moderate updates, blending key improvements with preserved vintage charm—appealing to long-term tenants who appreciate character alongside modern livability. Interior highlights include an efficient floor plan, updated finishes in key areas, and well-maintained older mechanicals. The property has been stabilized with a tenant already in place, providing consistent income from day one with minimal management required. With strong rental demand in the 63121 area and favorable price-to-rent ratios, this is a great opportunity for both new and seasoned investors seeking reliable returns and long-term appreciation potential. As to not disturb the tenant, showings are only with an accepted offer. Property is agent owned, not related to listing agent.
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
1
-
Above Grade Finished Area
801.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
-
Main Level Bedrooms
2
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding
-
Parking
Driveway
-
Patio and Porch Features
Awning(s)
-
Pool
No
Area & Lot
-
Lot Features
Back Yard, Front Yard
-
Lot Size(acres)
0.1364
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Traditional
Price
-
Sales Price
$99,900
-
Tax Amount
$1,292
-
Sq. Footage
801
-
Price/SqFt
$124
HOA
-
Association
No
School District
-
Elementary School
Jefferson Elem.
-
Middle School
Normandy Middle
-
High School
Normandy High
Property Features
-
Foundation Details
Concrete Perimeter
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
St. Louis
Elementary School
Jefferson Elem.
Middle School
Normandy Middle
High School
Normandy High
Listing Courtesy of Eric Schultz , Tower Real Estate Group
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AGENT
Erin Svoboda
Call Erin today to schedule a private showing.
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