Coldwell Banker - Ladue
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Two tenant-occupied St. Louis investment properties SIGNIFICANTLY REDUCED and available individually or as a package.
8526 Lowell St – NOW $63,990, reduced from the original $80,000 — a $16,010 price reduction-Currently rented at $1,050/month, generating $12,600 annually, with a gross rent yield of approximately 19.7%.
1039 Wall St, St Louis MO 63147 – NOW $47,990, reduced from the original $60,000 — a $12,010 price reduction-Currently rented at $800/month, generating $9,600 annually, with a gross rent yield of approximately 20.0%.
PACKAGE PRICE: $111,980. Combined rental income is $1,850/month or $22,200 annually, representing a gross rent yield of approximately 19.8%.
Both properties are tenant occupied, income producing, and sold AS-IS, offering investors an opportunity to add two affordable rental properties to their portfolio.
Please allow 24-hour notice for all showings and do not disturb the tenants. Proof of funds or lender pre-approval must accompany all offers. Buyer and buyer’s agent are responsible for verifying all property information, measurements, and other pertinent information.