TENANT IN PLACE | IMMEDIATE CASH FLOW | PRE-LISTING INSPECTION

Quick details:

  • 218 N Marguerite Ave, St. Louis, MO 63135
  • Price: $59,900
  • Rent: $975/mo
  • Details: 2 Beds/1 Bath, 832 Sq Ft, 1 car garage
  • Municipality: Ferguson

Looking for a rental property with steady income potential? 218 N Marguerite Ave has a tenant who has rented there for 7 years. The home is rented to a market tenant at $975/month which is below the market rate of $1050/month. Section 8 fair market rent is estimated at $1,290.

If you're looking to add a rental to your portfolio without starting from scratch, this property gives you the opportunity to step into an established tenancy rather than deal with vacancy, marketing, and finding a new tenant.

The property is being sold as-is, but you won't have to wonder what you're getting into. A pre-listing inspection has already been completed, giving you the chance to review the home's condition upfront and evaluate the numbers with more information in hand. View the full report below.

 

For Sale: $65,000

2 Beds
1 Bath
Single Family
832 sq ft
One Car Garage
Year Built: 1949

Malinda Terreri

Photo of Malinda Terreri

Kate Terreri

Photo of Kate Terreri

Amenities

Ranch
Lawn
Basement
Free Standing Appliances
Long Term Tenant

Map & Nearby Places

218 N Marguerite Ave
Ferguson, MO 63135
2 Bed | 1 Bath

Mortgage Calculator

Estimate Your Payment
  • Down Payment
    -
  • Loan Amount
    -
  • Estimated Monthly Payment *
    - (Principal) + - (Interest) = - Total
* Estimated payment does not include property taxes and insurance.

Request Info

THANKS!

Your message was sent.
We'll be in touch soon.