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$74,900
2 Beds 1 Baths 26036063 MLS ACTIVE Status
Investor opportunity! 2823 Meadowlark Avenue is a 2-bedroom, 1-bath single-family home in Jennings and part of a four-house rental portfolio. This property has major systems updated and is in move-in or near move-in-ready condition, offering a straightforward path to lease-up with little to no work needed. Projected rent is approximately $1,100/month. Seller is acting as Power of Attorney for an inherited four-home portfolio and would prefer to sell this property together with the other three homes. The portfolio includes two occupied homes and two vacant, move-in-ready homes, with expected total portfolio income of approximately $4,900/month. The properties are located in close proximity to one another, creating operational efficiencies and making them easier to manage. This is a light value-add rental opportunity in an area with strong market-rate and Section 8 rental demand. The two vacant homes are in good condition and could likely be rented with little to no work needed, while the two occupied homes are below market rent and offer future upside through light make-readies and rent growth as leases allow. An excellent opportunity for a first-time investor or a seasoned operator looking to add a manageable rental portfolio in the area. Property to be sold along with: 258 Becker Dr - MLS# 26036458 8838 Park Ln - MLS# 26036203 1277 Admiral Dr - MLS# 26036113

2823 Meadowlark Ave, St Louis

$15,000
1 Beds 1 Baths 26024341 MLS ACTIVE Status
Exceptional opportunity to restore a historic brick property with tremendous upside. This property offers the potential to renovate as a single family investment property, subject to buyer verification of zoning, permits, and municipal requirements. Located in an area with strong rental demand, this property is ideal for investors seeking a value-add project with long-term income potential. Whether your plans include a full renovation or redevelopment, the possibilities are substantial. Seller financing may be available, providing an alternative financing option with flexible terms. **Seller Financing Features May Include:** * Flexible financing terms * Low down payment options * Fixed monthly payments * Streamlined closing process Property is being sold **AS IS**. Buyer to verify all information, including zoning, permitted uses, square footage, and redevelopment potential. Don't miss this opportunity to add value and build equity with your next investment project.

5403 Helen Ave, St Louis