9452 Rembold Ave

Saint Louis, MO 63125
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2 bd, 1 ba | 1,389 sqft | Built in 1904

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For Sale

Exclusive

List Price
$79,500

Initial Investment

$26,850
Pre-approval letter or proof of funds required.

$

about the purchase process.
Features

Occupancy

Occupied

Lease Start

10/01/2018

Lease End

09/30/2023

Lot Size

3,250

HOA

None

Flood Risk

Not Required

  • Good Cap Rate with upside in market rent
  • Buyer is responsible for new home inspection
  • Long-term tenant
  • Two bedroom home in Lemay with a ton of space!
  • The eat-in kitchen offers plenty of cabinet and counter room, as well as its own stove and refrigerator.
  • The living room is comfortably spacious with a uniquely enclosed front porch attached. The formal dining room completes the first floor.
  • There are two large bedrooms on the second floor, as well a bonus room to be used as an office or an extra bedroom.
  • This home has a full basement with storage and washer/dryer connections. The backyard is fully fenced-in with a detached one car garage.
See more in Analysis

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Annual Financial Highlights

Expected Rent

$9,633

Expenses

-$2,719

Property Taxes

-$1,400

Loan Payments

-$4,322

Net Cash Flow

$1,192

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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