Verwood Drive Florissant, 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.

Verwood Drive Florissant, MO

Seller's Additional Notes

Huge Lot with Privacy in the Backyard! Very Nice Area!

Here is the Scope of Work completed on this property:

  • Removed an entire dumpster of junk, debris and old furniture in house
  • Landscaped entire yard
  • Power washed exterior
  • Added bigger round posts on front of house
  • Added shutters to front windows
  • New exterior lights
  • New mailbox
  • Added siding where needed
  • Fixed fence gate to backyard, fully fenced yard
  • Added railing to backyard steps
  • Put on new storm door to front of house, added security door to back door
  • Painted foundation to exterior house white
  • New front door and smart locks
  • New garage door in rear to back yard with new locks
  • New garage door and opener
  • Removed wooden fence in back yard
  • Patched all walls and painted all ceilings, walls, trim and doors
  • New floor trim throughout
  • New light fixtures throughout
  • Sanded and varnished hardwood flooring
  • New floor vents throughout
  • Whitewashed fireplace in family room and added wood mantle wrap around
  • New kitchen sink and faucet
  • Updated cabinets in kitchen
  • Newer countertops in kitchen
  • New Stainless Steel appliances in kitchen
  • New blinds throughout
  • New tile in kitchen
  • New tile in bathroom, new custom vanity sink and faucet, new toilet, new bathtub and new tile surround, lights
  • New tile in master bathroom, new toilet, new vanity, mirror and lights
  • New outlets, switches, GFCI’s and covers
  • New closet doors in master
  • Upgraded electrical where needed
  • Upgraded plumbing where needed
  • Removed paneling going down basement steps and added drywall
  • Removed framing at the end of the basement steps
  • Opened the right side of the basement and installed new flooring/walls, drop down ceiling
  • Removed 5 ft. of wall to the beam on the left side of the basement to open that side up as well
  • Installed new shower doors in the basement bathroom
  • Finished basement with new drywall, electrical and plumbing, epoxy floor with speckles
  • HUGE bathroom in basement with double vanity, new toilet, tile, cleaned shower surround, new mirror and lights
  • Furnace serviced and newer hot water heater
  • All permits obtained

Property Summary

Type Single Family Home
Price $ 127,000
Rent $ 1,195 / mo
NOIDefinition $ 773 / 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.
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