4314 Melba Ave, St Louis, MO 63121
- $98,000
- 2
- BD
- 2
- BA
- 950
- SqFt
- List Price
- $98,000
- Days on Market
- 56
- MLS#
- 26045006
- Status
- ACTIVE
- Bedrooms
- 2
- Full baths
- 1
- Half-baths
- 1
- Living Sq. Ft
- 950
- Lot Size
- 5,401
- Acres
- 0.12
- Year Built
- 1953
- Subdivision
- Kenwood Homesites
- Municipality
- Northwoods
- School District
- Normandy
- County
- St. Louis
- Listing Type
- Single Family Residential
- Property Type
- Other, Ranch, Traditional
- Style Description
- Other, Ranch, Traditional
Property Description
**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.
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Additional Information
- Elementary School
- Lucas Crossing Elem. Complex
- Jr. High School
- Lucas Crossing Middle
- Sr. High School
- Normandy High
- Garage Spaces
- 1
- Parking Description
- Additional Parking, Attached, Garage, Off Street
- Basement Description
- Full
- Lot Description
- Back Yard, Front Yard, Level
- Cooling
- Other
- Sewer
- Public Sewer
- Heating
- Other
- Water
- Public
- Selling Terms
- Cash, Conventional, FHA, VA Loan
Mortgage Calculator
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
