3506 California Ave

Saint Louis, MO 63118
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3 bd, 2 ba | 1,300 sqft | Built in 1914

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List Price
$209,900

$5.1K

Initial Investment

$57,198

Purchase Price

$209,900

Down Payment

25%

Rent

$3,560

Total Return

$187,185

Annualized Return

42.5%

Cap Rate

12.7%

Gross Yield

20.4%

Cash Flow

$13,601

Appreciation

9.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Property Type

Townhouse

Lot Size

4,356

HOA

None

Flood Risk

Not Required

Historic charm meets a sleek modern aesthetic in this remodeled three bedroom, two full bath gem in Benton Park West. The original wood flooring throughout the first floor adds a touch of character and authenticity, while the new carpet found on the second floor adds comfort and warmth to the living areas. You will enjoy the tall ceilings, open living/dining spaces and the main-level laundry tucked alongside the beautiful modern kitchen. The property also features a back deck and parking pad - a very low maintenance lifestyle perfect for your small urban garden. All three bedrooms are upstairs, with a full bathroom on each floor. This home is walking distance from the flourishing street that is Cherokee, providing countless dinning and entertainment options through out the week. This townhome is stunning and truly a find!

See more in Analysis
Brian Miller
Mogul Realty STL LLC
MO Agent License #2016012615

Annual Financial Highlights

Expected Rent

$40,584

Expenses

-$12,821

Property Taxes

-$2,750

Loan Payments

-$11,411

Net Cash Flow

$13,601

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

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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Listing Courtesy of:Alicia Sierra
Agent License 2007038794
EXP Realty, LLC
Certified Agent Brokerage:Brian Miller
Mogul Realty STL LLC
MO Brokerage License 2010004223
SourceMid America Regional Information Systems (MARIS).
MLS #24016517
Last Updated: 04/30/2024 14:04
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