Active MLS# 26008334

400 Macdougall Drive, Unincorporated, MO 63137

Subdivision: Glasgow Village Unit 7

List Price: $99,900

3

Bedrooms

1

Baths

854

Area (sq.ft)

$117

Cost/sq.ft

1 Story

Type

17

Days on Market
Call Agent

Description

Tenant-occupied investment opportunity in unincorporated North St. Louis County. This 3-bedroom, 1-bath single-family home offers immediate rental income with built-in flexibility for future repositioning, making it an attractive option for buy-and-hold or DSCR-financed investors. The property is currently tenant-occupied on a month-to-month lease, allowing a new owner to maintain cash flow, adjust rents to market, renew on longer terms, or reposition the asset based on investment strategy. Documented rental history supports stable performance and positions the property as a strong candidate for DSCR (Debt Service Coverage Ratio) financing, qualifying based on property cash flow rather than personal income. Seller is offering a 6% seller-paid closing cost credit with an acceptable full-price offer, providing buyers flexibility to offset acquisition costs, strengthen DSCR ratios, or allocate funds toward reserves and future maintenance. The home features a functional layout with solid rental appeal in an established neighborhood with convenient access to major highways, employment centers, shopping, and schools—key drivers of long-term tenant demand. The property is being sold AS-IS. Seller will make no repairs and will not provide inspections. DO NOT DISTURB TENANT. Showings subject to accepted contract and proper notice. Please respect tenant privacy. This is a clean, investor-focused transaction with transparent terms and strong income fundamentals.

Property Information

List Price $ 99,900
Original Price $ 99,900
Status Active
MLS# 26008334
Bedrooms 3
Full baths 1
Half baths 0
Main Floor Full Baths 1
Sq. Ft. Above 854
Lot Size
Acres 0
Subdivision Glasgow Village Unit 7
Municipality Unincorporated
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
Special Description Standard
Appliances Some

Additional Information

Elementary School Danforth 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
Fireplace Type
Fireplace Location
Lot Dimensions
Special Areas
Cooling Central Air
Sewer Public Sewer Sewer
Heating Forced Air
Water Public
Heat Source
Kitchen
Appliances
Dining
Interior Decor
Property Tax $1,102

Map Location

Change History

Listing Courtesy of Expert Realty LLC - [email protected]