Veterans United Realty
1 Photo

8515 Jenny Drive, St Louis, MO 63121

$85,430 Asking Price

3 beds
1 bath
864  sqft
Built in 1955

This home is part of a package of 5 single family homes and 1 duplex. Average rents are $1022/month. One unit in the duplex is vacant and the rest of the units are fully leased. Three units have Section 8 leases and three have market leases. This is a stable portfolio with one tenant renting for 2+ years, three tenants have rented for 5-6 years, and one tenant has rented for almost 22 years. There is one new tenant this year. The package price is $374,500 which is an average of $53,500 per door. Estimated Pro Forma Cap Rate is 11.32%. Access to the properties will be provided with an accepted contract. To minimize tenant disruption, the buyer will have one-time access to the properties so a walk-through, inspection, and/or appraisal will all need to be completed together. Please see supplements for a brochure with details on all of the properties.

Listing Status:
Pending
Date Added:
November 7, 2024 — 6 days ago
Listing Office:
Terreri Team Realty LLC
Office Phone:
4880494
MLS ID:
24070075

Features & Amenities

Interior

Basement:
Full
A/C:
Electric
Heating:
true, Forced Air
Fireplace:
Fireplaces: 0

Exterior

Parking:
Off Street

Construction

General:
One

Location

Originating MLS:
maris
School District:
Normandy
County:
St Louis

Lot

Zoning:
14J-54-0612

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
maris
Ownership:
Private

This listing courtesy of:
Terreri Team Realty LLC

About Saint Louis, MO

Housing

Number of Units
443,445
Median Home Value
$231,178
Median Rent
$791

43.82% of housing units are renter occupied.

12.07% are vacant.

Commute

Car
66.93%
Public Transportation
3.45%
Walk to Work
2.14%
Work from Home
26.34%
Other
0.71%

The median travel time to work is 19 minutes.

People

Population
893,179
Median Age
39.50
Median Household Size
2.40

Education

High School
22.64%
Associate’s Degree
7.10%
Bachelor’s Degree
22.93%
Graduate Degree
19.44%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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IDX Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2024 Mid America Regional Information System (MARIS). All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last Updated: November 14, 2024 1:53 am.

Copyright © 2024 Veterans United Realty and Did You Serve, LLC. Homefront.com is NOT affiliated with any government agencies, including the VA. Homefront.com is a service of Did You Serve, LLC. Veterans United and the Veterans United House logo are registered trademarks of Mortgage Research Center, LLC, used under license agreement. Terms of Use.

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