Laura Lee
REALTOR®
BEDS2
BATHS1 full
SQUARE FEET875
MLS#26039929
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONHome Sites Third
SCHOOLNormandy
Property Description
Investors, this one's for you! This brick bungalow offers 875 sf of living space with 2 bedrooms, 1 bathroom, living room,eat-in kitchen, bath, full basement, and on-street parking. Inspections are welcome for your knowledge, but the sale is as-is with seller to do no repairs. The property is rented to a long-term tenant at $1105, completely paid by Section 8 assistance, for a gross annual income of 13,260. Seller's annual taxes, insurance, and sewer expenses total 4,622 for an NOI of 8,638, which is a 10.79% cap rate at asking price. Have a look, make your offer, and let the cash flow begin.
Property Features
Property Type: Residential - Single Family
Basement: Unfinished
Basement: Yes
Cooling: Central Air
Heating: Forced Air, Natural Gas
Home Style: Bungalow
Lot Size: 0.08 Acres
Taxes: $1,077
Year Built: 1949
Feature Descriptions
Days on Site: 1
Exterior: Brick
Lot: Back Yard, Front Yard
Lot Dimensions: 33' x 106'
Parcel#: 15G-12-0628
Sewer: Public Sewer
SQFT. Above Grade: 875
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Water: Public
Local Schools
High School: Normandy High
Middle School: Normandy Middle
Elementary School: Barack Obama Elementary School
School District: Normandy
Listed By / Shown By
Listed By
Agency Name: Worth Clark Realty
Shown By
Agent Name: Laura Lee
Agent Phone: 314.791.6833
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 548.93 per month $435.85 Principal & Interest $89.75 Property Tax $23.33 Homeowner's InsuranceChange Payment Information
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6035 Margaretta Avenue | MLS# 26039929
This single family home located at 6035 Margaretta Avenue , Pine Lawn, MO 63120 is currently listed for sale with an asking price of $80,000. This property was built in 1949 and has 2 bedrooms and 1 full baths with 875 sq. ft. Margaretta Avenue is located in the Home Sites Third subdivision within the Normandy school district. Search Home Sites Third real estate on lauralee.redkeystlouis.com today.