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$110,000
2 Beds 1 Baths 26058154 MLS ACTIVE Status
Solid Investment or Turnkey Starter Home in Spanish Lake! ?Welcome to 1138 Laredo Ave, a fantastic opportunity whether you're looking to purchase your very first home or add a reliable, revenue-generating property to your investment portfolio. ?Key Highlights: ?Fresh Modern Upgrades: Step inside to brand-new flooring throughout, offering a clean, contemporary aesthetic and low-maintenance living from day one. ?Main-Level Convenience: Enjoy the added ease of a main floor laundry room located right off the kitchen—no hauling baskets up and down basement stairs. ?Oversized Garage Space: Features a detached, oversized 1-car garage providing secure parking plus ample room for extra storage, a workshop, or hobby equipment. ?Smart & Efficient Layout: Bright, functional living space designed for comfort and effortless day-to-day living. ?Turnkey Ready: All the heavy lifting has been done—just move right in or place your tenants without delay. Schedule your private showing today!

1138 Laredo Ave, St Louis

$95,000
3 Beds 1 Baths 26057529 MLS ACTIVE Status
3 bedroom ranch with large back-yard, private driveway, and extra parking pad off road. Close to highway for convenience and walking distance to Larimore park, gas stations and school. Also near Spanish lake park and the new Zoo! Eat-in Kitchen has lot of wood cabinets and counter space with window over sink. Newer windows and vinyl siding on home. Enjoy a large family room w/double window. Linen closet to full bath with slate tile backsplash to shower/tub. Bedroom are all good sized with large closet space. Laundry is in lower level. Exit through kitchen to flat large yard with shed in place. This is being sold as-is but seller is having St. Louis occupancy inspection performed. Move right in and update over time or use as an investment property for a rental. Priced to sell.

1103 Northdale Ave, St Louis

$115,000
3 Beds 1 Baths 26041460 MLS ACTIVE Status
Rare opportunity to acquire a 12-home single-family rental portfolio offered as one package in the St. Louis market. Located throughout Spanish Lake, Ferguson, and Unincorporated North St. Louis County, the properties are positioned within close proximity for efficient management and maintenance. The portfolio features a desirable unit mix of all 3- and 4-bedroom homes, creating strong tenant demand from both Section 8 voucher holders and market-rate renters. Professionally managed and largely renovated/rent-ready, the portfolio offers a strong mix of in-place income with immediate lease-up upside. Current gross rental income is approximately $11,519/month, with four vacant homes fully rent-ready and actively being leased. Seller anticipates at least two additional homes leased prior to closing, increasing in-place income to approximately $14,100/month. Fully stabilized pro-forma gross rental income is projected at approximately $16,700/month, with estimated annual operating expenses of approximately $53,000 and projected stabilized NOI of approximately $147,000/year. At the $1,350,000 asking price, the portfolio offers a projected stabilized cap rate approaching 10.9%. An excellent opportunity for investors seeking immediate scale, efficient scattered-site operations, dependable rental demand, and value-add upside through lease-up of rent-ready homes.

1224 Reale Ave, St Louis