1111 Addison DR Active Save Request In-Person Tour Request Virtual Tour
St Louis,MO 63137
Key Details
Property Type Single Family Home
Sub Type Residential
Listing Status Active
Purchase Type For Sale
Square Footage 1,280 sqft
Price per Sqft $2,425
Subdivision Bissell Hills 4
MLS Listing ID 24075644
Style Ranch
Bedrooms 3
Full Baths 1
Half Baths 1
Year Built 1952
Building Age 73
Lot Size 6,299 Sqft
Property Sub-Type Residential
Property Description
*** Attention Investors! *** Prime Investment Package of Twenty-Nine (29x), Mostly Section 8 Tenant Occupied, Well Maintained Single Family Residential Properties Generating Approx. $28,700 in Monthly Revenue; However, Fully Loaded Generating Approx. $35,500 in Monthly Revenue Featuring Two (2x) Four Bedroom, Seventeen (17x) Three Bedroom, and Ten (10x) Two Bedroom Homes. Presently Twenty-Five (25x) Homes are Tenant Occupied while the Remaining Four (4x) Vacant Properties Maybe Leased Soon. Interior & Exterior Pictures Recently Taken Within Last Two Month for Accurate Conditions. Vacant Properties Available for Showings while Tenant Occupied Homes Shown with an Accepted Offer- Sorry, No Owner Financing. Seller is Looking for $3,105,000 for the Entire Portfolio which is Ideal for an Investor Seeking a Comprehensive and Income-Generating Property Bundle. Please Do Not Disturb Tenants. * HUD's SAFMRs 2025 Payment Standards Will See an Increase in Monthly Subsidy at Next Lease Renewal. *
Location
State MO
County St Louis
Area Riverview Gardens
Interior
Heating Forced Air
Cooling Electric
Exterior
Parking Features true
Garage Spaces 1.0
Building
Lot Description Chain Link Fence,Fencing
Story 1
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
Elementary Schools Gibson Elem.
Middle Schools R. G. Central Middle
High Schools Riverview Gardens Sr. High
School District Riverview Gardens
Others
Acceptable Financing Cash Only,Conventional
Listing Terms Cash Only,Conventional
Special Listing Condition None