Roseview Lane St. Louis, MO

About St. Louis Properties

Among the Top 20 Largest MSAs in the U.S., St. Louis is ranked the #1 Lowest Cost of Living (ACCRA COL Index 2017) AND the #1 Most Affordable Homes (Source: AHBA). With a GDP of over $150 Billion and Home to 17 Fortune 1,000 Companies, St. Louis maintains an unemployment rate well below the national average (Source: BLS.gov).  It was ranked the "Top 10 Most Competitive Large MSAs to do Business" (Source: KPMG) and the "Top 10 Large American Cities of the Future" (Source: Foreign Direct Invest Magazine). The St. Louis properties are strategically located in majority-owner occupied areas and have higher-end finishes that make them stand out from normal rental properties, and position you with a premium exit strategy to sell to an owner occupant on the retail market down the road.

Roseview Lane St. Louis, MO

Seller's Additional Notes

Here is the Scope of Work performed on this property:

  • Cleaned out house and garage
  • Fixed/repaired all walls, ceilings, trim
  • Prepped, primed/kilz and painted entire house with two tone paint on all ceilings, walls, trim
  • New light fixtures throughout
  • Brand new Furnace
  • Brand new AC unit and line set
  • Re-ran plumbing where needed
  • Replaced vanities in bathrooms
  • Installed new counter tops
  • Changed out thermostat
  • Removed all wood paneling and replace with drywall
  • Upgraded electrical, switches, outlets, wiring, junction boxes, and GCFI’s
  • Replaced washer and dryer hookups and shutoffs
  • Sanded hardwood floors and stain
  • Added flooring in foyer and hall
  • Drain line snaked
  • Painted front of house including pillars, one new pillar
  • Repaired damaged flashing and gutters
  • Painted shutters on house to match paint
  • Painted front door
  • Scraped and painted peeling paint on house
  • Removed all leaves and debris from yard
  • Added gutter extensions
  • Repaired garage door to make sure everything works properly
  • New sliding glass back door

Property Summary

Type Single Family Home
Price $ 114,995
Rent $ 1,150 / mo
NOIDefinition $ 672 / mo
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St. Louis Highlights

St. Louis Properties:

  • Fully-Renovated Single Family Homes
  • Tenants and Property Management in Place as Condition of Closing
  • Suburban communities with majority owner-occupants
  • $125,000 Average Purchase Price

St. Louis Market:

  • Lower Than Average Unemployment
  • Home to 17 Fortune 1000 Companies.
  • Over $1 Billion in Venture Capital Invested in Tech Firms Since 2014
  • Top 10 Most Competitive Locations to Do Business Among Large MSAs

Disclaimer

All representations about this property--including but not limited to its features, expenses and potential rent--are made exclusively by the Seller and are not verified or guaranteed by Maverick. It is the sole responsibility of the buyer to do your own due diligence and independently verify all numbers presented here.
Due Diligence

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