The Excellence of living in Wrapche

Bungalow

6035 Margaretta Avenue

Pine Lawn, MO 63120

MLS#: 26039929

$80,000

Status: Active
Listing number: 26039929
Listing provided by: Worth Clark Realty
Listing agent phone: None
Last update: 5 days ago
On site: 5 days ago
Browse Properties
Home Sites Third - Residential

Property

Beds

2

Full Baths

1

1/2 Baths

None

Year Built

1949

Sq.Footage

875

Investors, this one's for you! This brick bungalow offers 875 sf of living space with 2 bedrooms, 1 bathroom, living room,eat-in kitchen, bath, full basement, and on-street parking. Inspections are welcome for your knowledge, but the sale is as-is with seller to do no repairs. The property is rented to a long-term tenant at $1105, completely paid by Section 8 assistance, for a gross annual income of 13,260.  Seller's annual taxes, insurance, and sewer expenses total 4,622 for an NOI of 8,638, which is a 10.79% cap rate at asking price.  Have a look, make your offer, and let the cash flow begin.

Features & Amenities

Interior

  • Total Bedrooms

    2

  • Bathrooms

    1

  • Above Grade Finished Area

    875.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Forced Air, Natural Gas

  • Main Level Bedrooms

    2

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Pool

    No

Area & Lot

  • Lot Features

    Back Yard, Front Yard

  • Lot Size(acres)

    0.0818

  • Lot Size(square feet)

    3563.21

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Bungalow

Price

  • Sales Price

    $80,000

  • Tax Amount

    $1,077

  • Sq. Footage

    875

  • Price/SqFt

    $91

HOA

  • Association

    No

School District

  • Elementary School

    Barack Obama Elementary School

  • Middle School

    Normandy Middle

  • High School

    Normandy High

Property Features

  • New Construction

    NO

  • Ownership

    Private

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

St. Louis

Elementary School

Barack Obama Elementary School

Middle School

Normandy Middle

High School

Normandy High

Listing Courtesy of Tammy Derrigan , Worth Clark Realty

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Agent Franko Maric

AGENT

Franko Maric

Call Franko today to schedule a private showing.

(341) 209-1143

franko+wrapche@init.hr


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Investors, this one's for you! This brick bungalow offers 875 sf of living space with 2 bedrooms, 1 bathroom, living room,eat-in kitchen, bath, full basement, and on-street parking. Inspections are welcome for your knowledge, but the sale is as-is with seller to do no repairs. The property is rented to a long-term tenant at $1105, completely paid by Section 8 assistance, for a gross annual income of 13,260. &#160;Seller's annual taxes, insurance, and sewer expenses total 4,622 for an NOI of 8,638, which is a 10.79% cap rate at asking price. &#160;Have a look, make your offer, and let the cash flow begin.

6035 Margaretta Avenue

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