3511 Pennsylvania, 63118, St Louis, MO
3511 Pennsylvania, 63118, St Louis, MO
$190,000
$190, 000 — APPRAISED AT $205, 000. FULLY LEASED AT $2, 265/MO. $15, 000 in equity at closing. Both units occupied and performing! 1.19% rent-to-price, 8.4% cap. Gut renovated 2024: brand new roof, furnaces, water heaters, electrical panels. Nothing deferred. Both units feature 2 bedrooms, 1 bath, a separate living room, and an open-concept kitchen. Stylishly designed with in-unit laundry and access to a large private backyard. The upper unit is leased at $1, 105/month, and the lower unit is leased at $1, 160/month. Appraisal, rent roll, leases, and full expense breakdown available on request. Seller will consider a rate buydown credit in lieu of price reduction. Owner-occupants: FHA 3.5% down, live on one side, the other covers most of the note. Perfect for investors or owner-occupants looking to house hack.
3511 Pennsylvania, 63118, St Louis, MO