3 Beds
1 Bath
854 SqFt
3 Beds
1 Bath
854 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Hold
Purchase Type For Sale
Square Footage 854 sqft
Price per Sqft $116
Subdivision Glasgow Village Unit 7
MLS Listing ID 26008334
Style Ranch
Bedrooms 3
Full Baths 1
Year Built 1953
Annual Tax Amount $1,102
Lot Size 9,090 Sqft
Acres 0.2087
Property Sub-Type Single Family Residence
Property Description
The property is currently tenant-occupied on a month-to-month lease, allowing a new owner to maintain cash flow, adjust rents to market, renew on longer terms, or reposition the asset based on investment strategy. Documented rental history supports stable performance and positions the property as a strong candidate for DSCR (Debt Service Coverage Ratio) financing, qualifying based on property cash flow rather than personal income.
Seller is offering a 6% seller-paid closing cost credit with an acceptable full-price offer, providing buyers flexibility to offset acquisition costs, strengthen DSCR ratios, or allocate funds toward reserves and future maintenance.
The home features a functional layout with solid rental appeal in an established neighborhood with convenient access to major highways, employment centers, shopping, and schools—key drivers of long-term tenant demand.
The property is being sold AS-IS. Seller will make no repairs and will not provide inspections.
DO NOT DISTURB TENANT. Showings subject to accepted contract and proper notice. Please respect tenant privacy.
This is a clean, investor-focused transaction with transparent terms and strong income fundamentals.
Location
State MO
County St. Louis
Area 31 - Riverview Gardens
Rooms
Basement Unfinished
Main Level Bedrooms 3
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
Parking Features false
View Y/N No
Building
Lot Description Level
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Vinyl Siding
Schools
Elementary Schools Danforth Elem.
Middle Schools R. G. Central Middle
High Schools Riverview Gardens Sr. High
School District Riverview Gardens
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Nearby Locations
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