919 Bates St, St Louis, MO 63111

Description

Check out his well-maintained 3 bed, 2 bath home in Carondolet. The home underwent major renovations in 2022–2023, including a new furnace, central air conditioning, dehumidifier, roof repairs, some new flooring, along with some kitchen and bathrooms updates. There is a PVC stack along with an updated electrical panel, so many of the big expenses have already been completed. The property passed a Section 8 rental inspection in 2023 and was successfully rented to a long-term tenant at $1,400 per month for two consecutive years, demonstrating strong rental viability and a possible 15% cap rate. The home is situated on a double lot, and has main floor laundry. The bricks and...