Looking For Cashflow With A Rent Ready 2/1?
This 2 bed, 1 bath in Hazelwood might be a fit. It’s not going to win any beauty contests, but it’s clean, functional, and has been updated appropriately for the neighborhood (it will be completed when the AC is installed in about a week).
The county records has it listed as 1 bed and smaller square footage, so that means less property tax to pay!
It was just approved for 4 occupant Section 8. Should rent around $800, putting it at 1.5% of purchase price for a turn key property. This house is not currently occupied, though Section 8 has already approved for 4 occupants.
It has a crawl space, so no basement to maintain on this one.
Text, call, or email Jeff for access. 636-206-4997 or Jeff@PeopleFirstHomeBuyers.com
Comps:
234 Becker Dr – $53k
129 Connolly Dr – $49k
290 Williams Rd – $67,790
* All properties are sold As-Is, Where-Is, with no warranty, no disclosure, and no representations written or oral. A minimum $2,000 non-refundable earnest money deposit is required with closing to take place within 21 days. Any comps, value, rent or repair estimates are our opinion and are provided with no guarantee or warranty, expressed or implied. All properties are subject to errors, omissions, deletions, additions, and cancellations. Buyer to do their own due diligence. Property will continue to be marketed and will not be considered under contract until signed agreement and earnest money received, with all contingencies waived.