Attn Investors: this stabilized Section 8 rental offers you the opportunity to acquire a 4-bedroom home below recent neighborhood sale prices. The tenant has occupied the home since September 1, 2024 and is renewing for another year.Total monthly rent is $2,397, with $1,954 paid through Section 8 and $443 paid by the tenant. The tenant is current on payments. The home underwent an extensive renovation in 2022, when much of the interior was taken down to the studs and rebuilt from there. Improvements included a new roof, HVAC system, windows, flooring, landscaping, and fresh paint throughout. The kitchen and bathrooms were completely updated with new cabinets, countertops, vanities, and additional improvements. With strong rental income, a renewing tenant, major improvements already completed, and a list price below recent neighborhood sales, this is a strong addition to a buy-and-hold rental portfolio. Showings with an accepted contract. Property is being old as-is with seller to do no inspections or repairs.
Listed By
Agency Name: Terreri Team Realty LLC
Shown By
Agency Title: RedKey Realty Leaders
Agency Phone: 314-692-7200
Estimated Payment
$ 1,280.38 per month $953.42 Principal & Interest $275.92 Property Tax $51.04 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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11826 Hidden Lake Drive | MLS# 26049805
This single family home located at 11826 Hidden Lake Drive , Saint Louis, MO 63138 is currently listed for sale with an asking price of $175,000. This property was built in 1966 and has 4 bedrooms and 1 full and 1 partial baths with 1880 sq. ft. Hidden Lake Drive is located in the Hidden Lake Park 1 subdivision within the Hazelwood school district. Search Hidden Lake Park 1 real estate on www.redkeystlouis.com today.