Active MLS# 26002645

461 Scenic Drive, Riverview, MO 63137

Subdivision: Riverview Gardens

List Price: $149,900

3

Bedrooms

1

Baths

1,196

Area (sq.ft)

$125

Cost/sq.ft

1 Story

Type

67

Days on Market
Call Agent

Description

Turnkey investment opportunity at 461 Scenic Drive in St Louis. This tenant occupied three bedroom one bathroom home offers 1,196 square feet and is currently producing 1,495 dollars per month in rental income, providing approximately an 8 percent cap rate based on current performance. This property offers peace of mind with no deferred maintenance and numerous major system upgrades already completed. Improvements include a new PVC sewer line, updated 200 amp electrical service, new roof, gutters, vinyl siding, and a new wood deck accessible from one of the bedrooms which adds desirable outdoor living space for tenants. Interior updates were completed with long term durability and tenant appeal in mind. The kitchen features granite countertops, shaker cabinetry, stainless appliances, recessed lighting, and a large center island that supports modern rental demand. Luxury vinyl plank flooring runs throughout the home providing durability and low maintenance ownership. The open concept living and dining layout offers functional space that supports long term tenant retention. The elevated deck overlooks a private wooded backdrop which adds additional tenant appeal and lifestyle value. Additional highlights include covered front entry, off street parking, and strong rental location with convenient access to major highways, shopping, and employment centers. Tenant is currently in place and paying 1,495 dollars per month. Property provides immediate cash flow and is ideal for investors seeking a stabilized asset with major capital improvements already completed. In the event of an owner occupant purchase, tenant will vacate prior to closing

Property Information

List Price $ 149,900
Original Price $ 149,900
Status Active
MLS# 26002645
Bedrooms 3
Full baths 1
Half baths 0
Main Floor Full Baths 1
Sq. Ft. Above 1,196
Lot Size
Acres 0
Subdivision Riverview Gardens
Municipality Riverview
School District Riverview Gardens
County St Louis
Property Type Residential
Style 1 Story
Style Description
Transaction Type
Special Conditions Standard
Type
Building Exterior Amenities
Building Style Ranch
Ownership Private
Special Description Standard
Appliances Some Stainless Steel Appliance(s),Cooktop,Gas Cooktop,Dishwasher,Disposal,Microwave,Oven,Refrigerator

Additional Information

Elementary School Glasgow Elem.
Jr. High School R. G. Central Middle
Sr. High School Riverview Gardens Sr. High
Association Fee None
Architecture Ranch
Construction Vinyl Siding
Garage Spaces
Carport Spaces 0
Basement Description Unfinished,Walk-Out Access
Fireplace Type
Fireplace Location
Lot Dimensions
Special Areas
Cooling Ceiling Fan(s),Central Air
Sewer Public Sewer Sewer
Heating Natural Gas
Water Public
Heat Source
Kitchen
Appliances Stainless Steel Appliance(s),Cooktop,Gas Cooktop,Dishwasher,Disposal,Microwave,Oven,Refrigerator
Dining
Interior Decor Eat-in Kitchen,Kitchen/Dining Room Combo,Recessed Lighting
Property Tax $966

Map Location

Change History

Listing Courtesy of Focus Realty Group, LLC - [email protected]


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