**Investor opportunity on Melba Ave, St. Louis! This tenant-occupied home generates $965 per month ($11,580 annually), providing immediate rental income from day one. After property taxes and a 10% property-management fee, the property is projected to deliver an approximately 9% net ROI. A solid, income-producing addition to any rental portfolio. ** This home is a 2 bd and 1.5 bath property currently being rented at $965 per month. Please reach out to Co Listing Agent with any questions to take advantage of an income producing property to add to your portfolio. Agents, please allow 12 hours advance notice so the tenants can be contacted and a time agreed to for showings.
Listed By
Agency Name: Coldwell Banker Realty - Gundaker
Shown By
Agent Name: Laura Lee
Agent Phone: 314.791.6833
Agency Title: RedKey Realty Leaders
Estimated Payment
$ 732.25 per month $533.92 Principal & Interest $169.75 Property Tax $28.58 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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4314 Melba Avenue | MLS# 26045006
This single family home located at 4314 Melba Avenue, Saint Louis, MO 63121 is currently listed for sale with an asking price of $98,000. This property was built in 1953 and has 2 bedrooms and 1 full and 1 partial baths with 950 sq. ft. Melba Avenue is located in the Kenwood Homesites subdivision within the Normandy school district. Search Kenwood Homesites real estate on lauralee.redkeystlouis.com today.