6333 Fay Drive

North County, Saint Louis, Missouri 63134

Sold
| For Sale | $18,000 | Single Family Home

This 2 bedroom, 1 bath home is ready to make you $$$. This ‘set it and forget it’ investment  comes with a with a long-term, paying tenant at $575 per month.  Home has a convenient location near highways, public transportation, food markets, restaurants, and retail shops. With a current cap rate of 18% this is an ideal investment opportunity.  View with accepted contract only.  Please do not disturb the tenant under any circumstances. Interested parties can contact us for a video walk through as well as further details on the property. Owner/Agent.

Investment Remarks

Tenant current pays $575/Mo in rent on Month to Month Lease and would like to stay, tenant pays all utilities and covers lawn care. Cap rate is 20.7% at list price. Proforma of 25% if rent raised to market rate of $650/Mo

Other

Bed
2  
Bath
1  
Parking Type
Off Street  
Sq Ft
792  
Lot Size (Acres)
6250  
Property Tax
$944  
Video Tour
https://drive.google.com/file/d/0B5Gh2oIFMG4OTUs0dEFDNV9NeTg/view?usp=sharing  

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