1039 Wall St, St Louis, MO 63147

$47,990
2
BD
1
BA
864
SqFt

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List Price
$47,990
Price Change
▼ $7,010 1788835779
Days on Market
50
MLS#
26030587
Status
ACTIVE
Bedrooms
2
Full baths
1
Living Sq. Ft
864
Lot Size
3,959
Acres
0.09
Year Built
1923
Subdivision
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

Two tenant-occupied St. Louis investment properties SIGNIFICANTLY REDUCED and available individually or as a package. 1039 Wall St – 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%. 8526 Lowell St, St Louis MO 63147 – 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%. 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.

Additional Information

Elementary School
Herzog Elem.
Jr. High School
Yeatman-Liddell Middle School
Sr. High School
Vashon High
Basement Description
Poured
Lot Description
Near Public Transit
Cooling
Central Air
Sewer
Public Sewer
Heating
Natural Gas
Water
Public
Selling Terms
Cash, Conventional, VA Loan

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Listing courtesy of Coldwell Banker Realty - Gundaker.

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