Single Family Residence, Bungalow,Ranch - St Louis, MO

Back on the market because buyer did not close. Opportunity knocks for owner occupants and investors alike! This turnkey ranch home offers 864 sf of living space with 3 bedrooms, 1 bathroom, living room, kitchen/dining room combo with dishwasher & disposal, full basement, and off-street parking. Seller has a passing occupancy permit in hand, so it's ready to move in right after closing. Inspections are welcome for your knowledge, but the sale is as-is with seller to do no repairs. Investors, Rentometer indicates average rent would be $1332. When rented, annual expenses were 3630 not including management; with pro forma rent at 1332, the NOI is 12,354, making it a 13% cap rate at asking price.

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