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Century 21 Community
4314 Melba Ave, St Louis, MO 63121
- $98,000
- 2
- BD
- 2
- BA
- 950
- SqFt
- List Price
- $98,000
- Status
- ACTIVE
- Days on Market
- 82
- MLS#
- 26045006
- Subtype
- Residential
- Style
- Other, Ranch, Traditional
- Year Built
- 1953
- Bedrooms
- 2
- Bathrooms
- 2
- Full Baths
- 1
- Half Baths
- 1
- Living Area
- 950
- Lot Size
- 5,401
- Acres
- 0.12
- Subdivision
- Kenwood Homesites
- Neighborhood
- Kenwood Homesites
- MLS Area Major
- Northwoods
Property Description
**Investor opportunity on Melba Ave, St. Louis! This tenant-occupied home generates $965 per month ($11,580 annually), providing immediate rental income from day one. After property taxes and a 10% property-management fee, the property is projected to deliver an approximately 9% net ROI. A solid, income-producing addition to any rental portfolio. ** This home is a 2 bd and 1.5 bath property currently being rented at $965 per month. Please reach out to Co Listing Agent with any questions to take advantage of an income producing property to add to your portfolio. Agents, please allow 12 hours advance notice so the tenants can be contacted and a time agreed to for showings.
Additional Information
- Taxes
- $2,037
- Property Description
- Other, Ranch, Traditional
- Heating
- Other
- Air Conditioning
- Other
- Levels
- One
- Parking Features
- Additional Parking, Attached, Garage, Off Street
- Garage Spaces
- 1
- School District
- Normandy
- Elementary School
- Lucas Crossing Elem. Complex
- Middle School
- Lucas Crossing Middle
- High School
- Normandy High
Mortgage Calculator
Courtesy of Coldwell Banker Realty - Gundaker 636-561-1000
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified
