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6232 Witsell Ave, Berkeley
$114,900
3 Beds ⋅ 1 Baths ⋅ 26027651 MLS ⋅ ACTIVE Status
Welcome to 6232 Witsell Ave, a beautifully updated 3-bedroom, 1-bath home offering an excellent opportunity for an investor looking for an income-producing, low-maintenance rental property. The property is currently leased for $1,350 per month on a 12-month lease through September 2027, providing a buyer with immediate rental income and a tenant already in place. The tenant is responsible for all utilities and lawn care, helping keep the landlord's ongoing expenses and maintenance responsibilities to a minimum. Inside, the home features updated flooring, fresh paint, an updated kitchen and bathroom, and a finished basement providing additional flexible space that can be used as a family room, home office, gym, recreation area, or storage. Several major mechanical improvements have already been completed, including a new furnace, central A/C, and water heater, helping provide peace of mind for the next owner. The property also features a private backyard, detached garage, and off-street parking. The home has passed the City of Berkeley Occupancy Inspection. Conveniently located just minutes from Lambert International Airport, Boeing, major highways, shopping, dining, and other area amenities. For investors, this is a true turnkey rental with a tenant already in place, $1,350/month in contractual rental income, tenant-paid utilities and lawn care, and a lease extending through September 2027. Virtually staged. Showings are subject to tenant availability and notice. Buyer to verify all information, including lease terms, measurements, and property details.

6232 Witsell Ave, Berkeley

6128 Washington Ave, St Louis
$64,900
3 Beds ⋅ 1 Baths ⋅ 26020101 MLS ⋅ ACTIVE Status
6128 Washington Ave in 63134 is a solid turnkey rental opportunity for any new or experienced investor. The property is currently occupied by a Section 8 tenant paying $1,295 per month, with the lease in place through 1/1/27. This property is part of an 8 home single family rental portfolio, and the seller would prefer to sell the portfolio together or in groups, though each home is also being offered individually. The portfolio is made up entirely of 3 bedroom houses, including six 3 bed 1 bath homes, one 3 bed 1.5 bath home, and one 3 bed 2 bath home. 6/8 houses currently occupied, with current rents totaling $8,140 per month. Once the two vacant units are leased, scheduled rents are projected to reach $10,640 per month. There is also additional upside as units turn, with pro forma rents projected to exceed $11,000 per month. Ownership and management have been hands on and proactive during their time operating the portfolio, with a focus on maintaining safe, solid housing and keeping the properties in good condition making this portfolio a true turnkey investment. Most of the tenants are Section 8, with one market rate tenant currently in place, providing stable income in a strong rental area. The properties are also located near one another, which helps from both a management and operational standpoint. This is a great opportunity for an investor looking to add quality rental doors to an existing portfolio, or for someone looking to get started with a well positioned group of income producing properties.

6128 Washington Ave, St Louis