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$95,000
3 Beds ⋅ 1 Baths ⋅ 26056183 MLS ⋅ ACTIVE Status
Welcome home to 6122 Jackson! This well-maintained 3 bedroom, 1 bathroom ranch offers a great opportunity for an owner-occupant or an investor looking to add a turnkey property to their portfolio. The spacious and open living room offers tons of natural light, beautiful hardwood floors, a decorative fireplace and a separate dining area. The updated kitchen features modern cabinets, a stylish backsplash, and appliances included for added convenience. The full bathroom offers a shower/tub combo and a newer vanity. 2 bedrooms are located on the main level, with a 3rd private bedroom located in the clean, walk-out basement. The basement also provides plenty of additional storage and/or flexible recreational/office space. Includes an oversized driveway for off-street parking. The large backyard provides plenty of room for gardening, entertaining, activities, or simply relaxing and enjoying your own outdoor space. With an estimated market rent of $1,250–$1,400+ per month, this property presents an excellent opportunity for investors looking to add a solid, cash flowing rental to their portfolio. Desirable location close to schools, parks, shopping, highway access, and everyday amenities. Don’t miss this opportunity to make 6122 Jackson your next home or investment. You will be proud to own this home for years to come! Being sold in as-is condition. No seller financing available.

6122 Jackson Ave, Berkeley
$1,349,000
26041366 MLS ⋅ ACTIVE Status
Rare opportunity to acquire a 12-home single-family rental portfolio offered as one package in the St. Louis market. Located throughout Spanish Lake, Ferguson, and Unincorporated North St. Louis County, the properties are positioned within close proximity for efficient management and maintenance. The portfolio features a desirable unit mix of all 3- and 4-bedroom homes, creating strong tenant demand from both Section 8 voucher holders and market-rate renters. Professionally managed and largely renovated/rent-ready, the portfolio offers a strong mix of in-place income with immediate lease-up upside. Current gross rental income is approximately $11,519/month, with four vacant homes fully rent-ready and actively being leased. Seller anticipates at least two additional homes leased prior to closing, increasing in-place income to approximately $14,100/month. Fully stabilized pro-forma gross rental income is projected at approximately $16,700/month, with estimated annual operating expenses of approximately $53,000 and projected stabilized NOI of approximately $147,000/year. At the $1,350,000 asking price, the portfolio offers a projected stabilized cap rate approaching 10.9%. An excellent opportunity for investors seeking immediate scale, efficient scattered-site operations, dependable rental demand, and value-add upside through lease-up of rent-ready homes.

8433 1st St, Berkeley
$97,900
3 Beds ⋅ 1 Baths ⋅ 26020101 MLS ⋅ ACTIVE Status
6128 Washington Ave in 63134 is a solid turnkey rental opportunity for any new or experienced investor. The property is currently occupied by a Section 8 tenant paying $1,295 per month, with the lease in place through 1/1/27. This property is part of an 8 home single family rental portfolio, and the seller would prefer to sell the portfolio together or in groups, though each home is also being offered individually. The portfolio is made up entirely of 3 bedroom houses, including six 3 bed 1 bath homes, one 3 bed 1.5 bath home, and one 3 bed 2 bath home. 6/8 houses currently occupied, with current rents totaling $8,140 per month. Once the two vacant units are leased, scheduled rents are projected to reach $10,640 per month. There is also additional upside as units turn, with pro forma rents projected to exceed $11,000 per month. Ownership and management have been hands on and proactive during their time operating the portfolio, with a focus on maintaining safe, solid housing and keeping the properties in good condition making this portfolio a true turnkey investment. Most of the tenants are Section 8, with one market rate tenant currently in place, providing stable income in a strong rental area. The properties are also located near one another, which helps from both a management and operational standpoint. This is a great opportunity for an investor looking to add quality rental doors to an existing portfolio, or for someone looking to get started with a well positioned group of income producing properties.

6128 Washington Ave, St Louis