BEDS2
BATHS1 full
SQUARE FEET999
MLS#26036063
STATUSComing Soon
PROPERTY TYPEResidential - Single Family
SUBDIVISIONBen Avis Park
SCHOOLJennings
Property Description
Investor opportunity! 2823 Meadowlark Avenue is a 2-bedroom, 1-bath single-family home in Jennings and part of a four-house rental portfolio. This property has major systems updated and is in move-in or near move-in-ready condition, offering a straightforward path to lease-up with little to no work needed. Projected rent is approximately $1,100/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: 258 Becker Dr - MLS# 260364588838 Park Ln - MLS# 260362031277 Admiral Dr - MLS# 26036113
Property Features
Property Type: Residential - Single Family
Basement: None
Cooling: Central Air
Heating: Forced Air
Home Style: Other, Traditional
Lot Size: 0.20 Acres
Taxes: $1,500
Year Built: 1951
Feature Descriptions
Exterior: Vinyl Siding
Lot: Other
Parcel#: 12G-21-0436
Sewer: Public Sewer
SQFT. Above Grade: 999
Water: Public
Local Schools
High School: Jennings High
Middle School: Jennings Jr. High
Elementary School: Woodland / Hanrahan
School District: Jennings
Listed By / Shown By
Listed By
Agency Name: Invest St. Louis
Shown By
Agent Name: Cathy Federer, CPA, GRI
Agent Phone: 636.675.2345
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 554.91 per month $408.07 Principal & Interest $125.00 Property Tax $21.85 Homeowner's InsuranceChange Payment Information
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2823 Meadowlark Avenue | MLS# 26036063
This single family home located at 2823 Meadowlark Avenue , Saint Louis, MO 63136 is currently listed for sale with an asking price of $74,900. This property was built in 1951 and has 2 bedrooms and 1 full baths with 999 sq. ft. Meadowlark Avenue is located in the Ben Avis Park subdivision within the Jennings school district. Search Ben Avis Park real estate on www.homesaroundstlouis.com today.