Property
Beds
3
Full Baths
2
1/2 Baths
None
Year Built
1960
Sq.Footage
884
Investor opportunity! 258 Becker Drive is a 3-bedroom, 2-full-bath ranch-style home and part of a four-house rental portfolio. This property is vacant and in move-in or near move-in-ready condition, offering a straightforward path to lease-up with little to no work needed. With its desirable ranch layout, 3-bed/2-bath configuration, and large backyard, Becker has projected rent potential of approximately $1,500/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: 8838 Park Ln - MLS# 26036203 , 2823 Meadowlark Ave - MLS# 26036063 and 1277 Admiral Dr - MLS# 26036113
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
2
-
Above Grade Finished Area
884.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
-
Main Level Bedrooms
3
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Back Yard
-
Lot Size(acres)
0.24
-
Lot Size(square feet)
10454.4
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Ranch
Price
-
Sales Price
$99,900
-
Tax Amount
$1,187
-
Sq. Footage
884
-
Price/SqFt
$113
HOA
-
Association
No
School District
-
Elementary School
Walnut Grove Elem.
-
Middle School
Ferguson Middle
-
High School
Mccluer High
Property Features
-
New Construction
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
St. Louis
Elementary School
Walnut Grove Elem.
Middle School
Ferguson Middle
High School
Mccluer High
Listing Courtesy of Joey Schenck , Invest St. Louis
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AGENT
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