BEDS3
BATHS1 full
SQUARE FEET1,196
MLS#26002645
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONRiverview Gardens
SCHOOLRiverview Gardens
Property Description
Turnkey investment opportunity at 461 Scenic Drive in St Louis. This tenant occupied three bedroom one bathroom home offers 1,196 square feet and is currently producing 1,495 dollars per month in rental income, providing approximately an 8 percent cap rate based on current performance.This property offers peace of mind with no deferred maintenance and numerous major system upgrades already completed. Improvements include a new PVC sewer line, updated 200 amp electrical service, new roof, gutters, vinyl siding, and a new wood deck accessible from one of the bedrooms which adds desirable outdoor living space for tenants.Interior updates were completed with long term durability and tenant appeal in mind. The kitchen features granite countertops, shaker cabinetry, stainless appliances, recessed lighting, and a large center island that supports modern rental demand. Luxury vinyl plank flooring runs throughout the home providing durability and low maintenance ownership.The open concept living and dining layout offers functional space that supports long term tenant retention. The elevated deck overlooks a private wooded backdrop which adds additional tenant appeal and lifestyle value.Additional highlights include covered front entry, off street parking, and strong rental location with convenient access to major highways, shopping, and employment centers.Tenant is currently in place and paying 1,495 dollars per month. Property provides immediate cash flow and is ideal for investors seeking a stabilized asset with major capital improvements already completed.Showings available with accepted contract
Property Features
Property Type: Residential - Single Family
Basement: Unfinished, Walk-Out Access
Basement: Yes
Cooling: Ceiling Fan(s), Central Air
Heating: Natural Gas
Home Style: Ranch
Lot Size: 0.28 Acres
Taxes: $966
Year Built: 1937
Amenities
Eat-in Kitchen
Kitchen/Dining Room Combo
Recessed Lighting
Feature Descriptions
Appliances: Stainless Steel Appliance(s), Cooktop, Gas Cooktop, Dishwasher, Disposal, Microwave, Oven, Refrigerator
Days on Site: 23
Exterior: Vinyl Siding
Lot: Front Yard
Parcel#: 12E-54-0654
Sewer: Public Sewer
SQFT. Above Grade: 1196
Utilities: Cable Available, Electricity Available, Natural Gas Available
Water: Public
Local Schools
High School: Riverview Gardens Sr. High
Middle School: R. G. Central Middle
Elementary School: Glasgow Elem.
School District: Riverview Gardens
Listed By / Shown By
Listed By
Agency Name: Focus Realty Group, LLC
Shown By
Agent Name: Michael Simon
Agent Phone: (314) 757-9700
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 940.90 per month $816.68 Principal & Interest $80.50 Property Tax $43.72 Homeowner's InsuranceChange Payment Information
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461 Scenic Drive | MLS# 26002645
This single family home located at 461 Scenic Drive , Riverview, MO 63137 is currently listed for sale with an asking price of $149,900. This property was built in 1937 and has 3 bedrooms and 1 full baths with 1196 sq. ft. Scenic Drive is located in the Riverview Gardens subdivision within the Riverview Gardens school district. Search Riverview Gardens real estate on www.simonsellsstl.com today.