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About the Listing FOCU01 - JOMCCAIN
Turnkey single family rental with a long term tenant in place and a clean capital improvement history. Current rent is $1,000 per month with consistent on time payment history going into 2026. At an $85,000 purchase price, this property generates a 9.18% cap rate delivering stabilized returns from day one. This property has been actively managed and updated, making it a low maintenance addition to any portfolio. Recent capital improvements include a brand new roof installed December 2024, lead paint remediation completed July 2025, a new concrete landing and step, HVAC servicing, plumbing and appliance repairs, and bathroom tile work. The rotted deck has been removed, eliminating a future liability. The heavy lifting is done. An opportunity to acquire stabilized cash flow from day one with no vacancy risk, no rehab needed, and a long term occupant already in place. Ideal for the buy and hold investor looking to add a performing asset.
Listing Highlights
Status
Active
Days on Site
43
Property Type
Residential
MLS ®
26023828
Year Built
1928
Total Square Footage
768
Lot/Acreage
0.13
County
St. Louis
Neighborhood
Welsberg Terrace
Area
106 - Normandy
School District
Normandy
Elementary School
Bel-Nor Elem.
Middle School
Normandy Middle
High School
Normandy High
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Central Air
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 768
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Walk-Out Access
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $1,068
- Taxes w/Assessments: N/A
- Tax/Property ID: 14J-23-0733
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
3120 Maybelle Dr Normandy, MO 63121
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