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$109,900
3 Beds 1 Baths 26038691 MLS ACTIVE Status
ATTENTION HOMEBUYERS & INVESTORS! Turnkey and beautifully updated, this 3-bed, 1-bath home in Glasgow Village offers the perfect blend of modern upgrades and high yield rent potential. Whether you are looking for a move-in-ready residence or a stress free addition to your rental portfolio (Section 8 welcome!), this property checks every box. Step inside to a bright, open concept layout featuring brand new flooring throughout the entire main level and fresh paint. The spacious kitchen has been completely revitalized with new countertops, a stylish new backsplash, and ample cabinet space; perfect for home cooked meals or maximizing rental appeal. The bathroom has also been refreshed with a brand new vanity and toilet. Additional highlights include a revamped lounge like sunroom perfect for morning coffee, a massive backyard, a concrete patio, and convenient off-street parking. Head downstairs to find an excellent bonus storage space featuring durable, newly epoxied basement floors. With rental demand high in 63137, strong market numbers, and all major cosmetic updates already done for you, this gem won’t last long. The property comes with a passed occupancy which means this is ready to market on day one! The owner has two other properties in the area that are available for purchase. Schedule your showing today!

138 Grampian Rd, Riverview

$94,900
3 Beds 1 Baths 26020129 MLS ACTIVE Status
245 Grampian Rd in 63137 is a great opportunity for an investor or owner occupant alike. The property is currently vacant and rent ready, with market rent projected around $1,250 per month. Located in a high demand rental area, this home should be easy to lease and offers strong flexibility for either immediate occupancy or income production. This property is part of an 8 home single family rental portfolio, and the seller would prefer to sell the portfolio together or in groups, though each home is also being offered individually. The portfolio is made up entirely of 3 bedroom houses, including six 3 bed 1 bath homes, one 3 bed 1.5 bath home, and one 3 bed 2 bath home. 6/8 houses currently occupied, with current rents totaling $8,140 per month. Once the two vacant units are leased, scheduled rents are projected to reach $10,640 per month. There is also additional upside as units turn, with pro forma rents projected to exceed $11,000 per month. Ownership and management have been hands on and proactive during their time operating the portfolio, with a focus on maintaining safe, solid housing and keeping the properties in good condition making this portfolio a true turnkey investment. Most of the tenants are Section 8, with one market rate tenant currently in place, providing stable income in a strong rental area. The properties are also located near one another, which helps from both a management and operational standpoint. This is a great opportunity for an investor looking to add quality rental doors to an existing portfolio, or for someone looking to get started with a well positioned group of income producing properties.

245 Grampian Rd, St Louis